Here, Gigaom discusses the lifecycle of a startup. But they forgot one crucial step:

Being featured on SuckyStartups!!!

One day an entrepreneur is chatting with his friends, gets an idea, writes about the idea on his or her blog, and then starts coding. A few weeks or possibly days, a beta — increasingly a euphemism for a not-fully-thought-out-product — emerges.

THE LAUNCH
Then the buzz builds and the company opens up the beta far and wide. Maybe TechCrunch, ReadWriteWeb, WebWorkerDaily or WebWare write about the product.

The missing sentence:
“Then SuckyStartups blogs about it, telling it like it is. No differentiation. Me too. No business model. No chance.”

THEN…

LAUNCH A SOCIAL NETWORK WIDGET
If the user adoption press releases, the widget and subsequent coverage can’t get your site growing again, it’s time for the big guns…the open API.

In between

• TeamSnap looks good, but is useless