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It's also weird - my gut feel is that photo sharing is done. Facebook, Instagram, Snapchat, Flickr, Dropbox, Apple iCloud stuff, Google+ stuff, Smugmug... etc.

If the investments are going to those companies (and if they are considered "startups" still), I'd understand. But small companies trying to "disrupt" this space!?!?

I'm suspicious of the data on this one. Or that the investors are not very good at investing.




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