Short article at TechCrunch here. Choice quote:

Stuart Feigin, Oracle’s fifth employee says, ”There was no version 1 [of Oracle software] because everyone thought, well, no one buys version 1, it’s buggy. So we started with a version 2. Well, our version two was at least as buggy as anyone’s version 1…And I describe those early versions as the roach motel of databases. The data went in, but it didn’t come out.”

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MG Siegler provides a mostly analysis free summary:

He noted that email is too cumbersome. There’s a subject field, a formal greeting, a closing. Teens are using SMS and IM because it’s much simpler. And that’s what Facebook is trying to add to everyone’s life, using email as the gateway drug, of sorts.

Highly astute comment in the ensuing comment thread here.

Complete article here.