Yahoo tried that business model and it didn’t go too well for them. Maybe we’ll ... | Hacker News

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		al_borland 9 days ago \| parent \| context \| favorite \| on: AOL to be sold to Bending Spoons for $1.5B Yahoo tried that business model and it didn’t go too well for them. Maybe we’ll see Bending Spoons but Tumblr and Flickr next.

no_wizard 8 days ago | [–]

Tumblr was bought by Yahoo then sold for comparative peanuts to Automattic, of Wordpress fame

riffraff 8 days ago | | [–]

I may recall wrongly, but IMO Yahoo used to buy hyped companies for a ton of money and let them die, it was the opposite strategy.

lanthade 8 days ago | [–]

Smugmug already bought Flickr a few years ago and that seems to be going well.

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