Abebooks has acquired a 40% stake in LibraryThing, a hip, well-designed, online service to help readers catalog their books easily. The site has social networking and recommendations built in, like all good Web 2.0 products.
There are more details over at the LibraryThing blog.
LibraryThing is a great project run by fellow high-tech book geek Tim Spalding (user profile, homepage). The site only went online in August 2005, but it already has significant buzz among online bibliophiles. We really like Tim and his work. Charlie and I have several friends who swear by LibraryThing, and we’ve been recommending it to people left and right over the past several months.
If any LibraryThing users are reading this, the continuing independence of BookFinder.com should serve as pretty good reassurance that Tim will be able to better serve his users with the support of Abebooks as a minor investor.
Welcome to the extended family, Tim.
[Now Reading: Red Mars by Kim Stanley Robinson]Posted by Anirvan