VentureBeat

Marc Canter

You may be confused by the launch plans of two very similar social networking services, PeopleAggregator and GoingOn, and it’s not your fault.

They are both platforms that let you create a personal profile and then export that profile to different areas on the Web. They also let you create networks, so if you’re a company you can create a network for your customer group, for example. You can also enter your profile from other accounts; more on that later.
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Shutterfly, the online photo site based in Silicon Valley (Redwood City) is pursuing a sale or possible initial public offering, the Wall Street Journal reports, citing sources — in a deal targeted at $400 million to $500 million.

It is about time, as this venture-backed company has been profitable for three years, Jeff Housenbold told us in a conversation a few months ago (the WSJ estimates profits are at $20 million, which is good stuff for this shaky sector). The industry is going through bewildering change, with upstarts like Flickr and others taking market-share from the older guys. Photobucket has got a lot of momentum too.
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