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Why didn't Yahoo focus on further developing businesses around these services (Finance, Fantasy etc.) that people love?
by javiramos 10y ago
Why didn't Yahoo focus on further developing businesses around these services (Finance, Fantasy etc.) that people love?
- niftich 10y agoHow do you monetize that? But they were adamant that they were a 'media company', so your point is very valid.
- slededit 10y agoFor financials? Charge for better data. Its a pretty solid industry, and seems to make Bloomberg lots of money.
- mistermann 10y agoI'd gladly pay for yahoo finance, especially if they made it less shitty.
- benkomen 10y agoYahoo has a huge number of services that remained popular with different groups of people well after they should have gone to dot.com hell - yahoo groups,answers, finance etc. I attribute their neglect to poor management and misplaced priorities. Yahoo could have been quora, instagram, pinterest etc. even well after those upstarts arrived on the scene.
- gaius 10y agoYahoo is more interested in the colour palette of its apps, than who its users are. No effective leadership is the problem.
- minikomi 10y agoCould this be a category to put startups into? Neglected Yahoo commodity as a service.
- toyg 10y agoAll these niches need real focus. Yahoo! was built on a generalist/populist bent, which is why they initially succeeded but also why they found so hard to keep up: you simply can't be the right thing for everyone all the time, but there is also a real risk in taking your products apart. How would you manage a migration from open-to-all YMessenger to industry-specific YCommodityTradingMessenger...? You would basically have to double your maintenance costs in the short run, duplicating a lot of code, guarantee interoperability... it's a lot of work, and none of this would get the mainstream exposure Y management always craved.