> It's not clear to me that Yahoo's business has poor fundamental economics because I don't quite know what business it's in. Buying, say, tumblr didn't help w

> It's not clear to me that Yahoo's business has poor fundamental economics because I don't quite know what business it's in. Buying, say, tumblr didn't help with that because it's not like a free blogging engine would appear to be a great money spinner. Suggesting you want to make it less R18 then suggests you didn't look too hard at what people use it for. Similarly, when flickr has a lot of people who are prepared to pay to host photos spattering ads all over it seems like... a lack of understanding of how it works. flickr makes me particularly sad. The user authentication fuck up was appalling. The ads were moronic. It only needs a couple of minor tweaks, some of which (like albums for groups) to make itself a Facebook alternative on the side.