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From March (when he quit his day job) to December 2005 he turned $2M into something between $15M and $30M. That sounds like a success to me. Most companies acqu
by twobitshifter 5y ago
From March (when he quit his day job) to December 2005 he turned $2M into something between $15M and $30M. That sounds like a success to me. Most companies acquired by Yahoo end up “sun-setting”, so I don’t think there was anything particularly bad strategically about the del.icio.us business. There are many knockoffs making their founders money.
- bigiain 5y agoYeah. The original founders didn't fail. They made out like bandits. Yahoo bought it and allowed it to wither on the vine and fall in value until someone else thought they could make a go of it for a bargain basement price. Something they have a long track record of having done. (I bet they lost way way more on their acquisition and later sale of Flickr that they did with Delicious.) Here's the whole Delicious story, in two blogposts... https://idlewords.com/2009/06/seeking_testers_for_a_bookmarking_site.htm https://idlewords.com/2009/06/seeking_testers_for_a_bookmark... https://blog.pinboard.in/2017/06/pinboard_acquires_delicious/ https://blog.pinboard.in/2017/06/pinboard_acquires_delicious...