Ma.gnolia is a new startup company consisting of four people (or girls) for social bookmarking. The first thing I thought was this is a
del.icio.us knock off but the easiest way to describe their company is that they are like the
Flickr for social bookmarking. They already have 3000 beta users and plan to go public sometime next week. One person asked the question that was probably on all of our minds - "How do you plan to make money?". They don't quite have an idea yet and just plan to go with the flow for now. And for the geeks out there, their site is programmed using ruby on rails.
Ma.gnolia delicious bookmarking