Wollongong-based IT startup Omnidrive has already attracted over 9,000 people interested in testing its fledgling online storage solution, despite having opened the doors for applications just one month ago.
Only a few years ago Atlassian and Omnidrive were the flag carriers for Australia's Web 2.0 movement. But recent developments have shown just how different the outcomes for start-up companies and entrepreneurs can be.
Questions are being raised this morning about whether high-profile Australian Web 2.0 start-up Omnidrive has closed its doors, with the company's site being replaced by what appears to be some form of newsletter service offering financial rewards.
Troubled online storage start-up Omnidrive late last week said it was continuing to develop its products and was examining the potential to merge its technology with that of other companies.
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