Hacker News on 2 July 2007

• Applications Open for Winter 2008 YC Funding
• Web2.0 described in two sentences
• Xobni (YC company) mentioned in CNNMoney|Business2.0
• Markus Frind: "Do VC Backed Founders Actually Make Any Money?"
• 500,000 iPhones sold over the weekend
• How much should startups charge?
• Marc Andreessen on Ning
• Where/How are you hosting your Facebook App?
• Tutorial on developing a Facebook platform application with Ruby On Rails
• Avoiding Walled Gardens on the Internet