From the 
BookGlutton Blog:
We’ve been doing the ebook thing for four years now. A veritable flash-in-the-pan for the publishing world. But like dog years, web years fly by at an accelerated rate. Four years is a lifetime in web-years. Four years is really twelve years, web-wise.
We’ve learned a lot. About building communities. Running destination sites. Integrating with publishing workflows. Reaching out to third party systems. Pulling content in from other sites. Creating online reading systems. Making people happy. This has all been a valuable, powerful, (sometimes painful) learning experience. But when we sat down and thought about what we really know, we know the most about Social, with a capital “S.” We know what people will and won’t use (which is not to say that we can’t be surprised). We know how baggage from other web communities figures in to people’s expectations for a digital reading system. We know what types of behaviors people bring with them from the print world, and what they really miss when they switch back to it from digital. We know about user experience, and the compromises that sometimes need to made of it in terms of schedule and technology. We know all about user-funnels, stickiness, and a whole host of other concepts that figure prominently into the digital publishing world, whether or not publishers realize it. But when it comes right down to it, we decided we should focus on what we really know. What we’re passionate about.
ReadSocial is launching soon.
