Sunday, March 20, 2005

Flickr Has Been Acquired

This just in, Flickr has been acquired by Yahoo!.

I am sort of disappointed in the news. I visited the Ludicorp corporate website a couple of weeks ago, and they had a statement on their philosophy on their about page:
... a business develops an identity by providing a product or a service to people. To do that it needs capital, and it needs to make a profit, but no more than it needs to have competent employees or customers or any other thing that enables production to take place. None of this is the goal of the activity.
Hmmm so if the goal of the activity isn't to cash out and make mad profits, why did they sell out to Yahoo!?

Maybe their business just wasn't sustainable on its own?

I do agree that a killer app that combines social networking, blogging and photo sharing will absolutely be successful. To that end is probably going to hit the jackpot.

As my misery this past weekend shows, normal everyday people really don't want to deal with web servers and mod_rewrite.. or css or any of that crap! Ack!