This is very cool:

From: Joshua Schachter
To: discuss@del.icio.us
Date: Apr 10, 2005 8:59 PM
Subject: [delicious-discuss] more on the announcement

As you may know, I left my job a few weeks ago in order to devote myself
full-time to del.icio.us. In order to make that posssible, I accepted an
investment from a group of thoughtful and influential investors. The group
I chose to work with understands my commitment to maintaining the
integrity of the service and the security of your data. They were also
willing to take a minority stake, which will keep me in control of the
future of del.icio.us.

Union Square Ventures leads the investment group, and the other members
are Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein,
Josh Koppelman, Howard Morgan, Tim O’Reilly, and Bob Young.

I’m very excited about this opportunity to focus on del.icio.us and put
together a team to help me grow the service. My first priority is
improving reliability and responsiveness, with new features following
soon.

That’s a pretty damn good list of investors, some of the best in the industry. All of this started with an idea to maintain a list of bookmarks. How simple is that? From that, grew a business. No idea if it will be successful or not, but the ideas he’s building around are solid and different and the resulting community and product are great. The question now is whether he can monetize this and how he’s going to do this without harming either product or community.

Good luck, Joshua.