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Summary:

So who’s laughing now? The news of Yahoo and Flickr hooking up is finally official. Applause… and those of you who were laughing and ridiculing my exclusive.… well happy millions. This right from the Flickr blog.: Holy smokes, SOMEBODY out there is bad at keeping secrets!! […]

So who’s laughing now? The news of Yahoo and Flickr hooking up is finally official. Applause… and those of you who were laughing and ridiculing my exclusive.well happy millions. This right from the Flickr blog.:

Holy smokes, SOMEBODY out there is bad at keeping secrets!! Yes! We can finally confirm that Yahoo has made a definitive agreement to acquire Flickr and us, Ludicorp. Smack the tattlers and pop the champagne corks! Woohoo! What does this mean? It means that we’ll no longer have to draw straws to see who gets paid, schedule conjugal visits between trips to the colo….wait!

Jeff calls is safety strategy. I call it “New Road to Riches” which if you buy Business 2.0, you might have read last year. The new road is – build it, flip it, or in this case scream Yahoo! My sources tell me the price tag is close to $35 million, and not rumored $30 million.

  1. Ives Leutenegger Sunday, March 20, 2005

    Congratulations to the Ludicorp team! I believe it was absolutelly the right time to sell!

    The main problem business models in the area of web services, such as online photo storing services or hosted blogging services, suffer is that everyone can build a me-too product in almost no time…

    Companies in this space should definitively think about protecting their innovation by filing for patents.

    I know that many people are not friends of Intellectual Property, but as a small start-up it’s very difficult to compete with companies such as Google, Yahoo or Microsoft once they decide to enter the market and to copy your inventions. They simply can allocate a team of experts, built a competitive service within weeks and advertise it to their customer base.

    We will see how start-up companies such as SixApart will develop in the future…

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  2. And Flickr makes 3

    Now watch Stewart and Caterina do the dance of joy! (and Caterina will no long threaten to kick their ass). It’s nice to see a Vancouver crew hit one out of the park. And remember: Om Malik called it first.

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  3. I don’t speak for my editorial colleagues, but I’m curious why you seem to have an axe to grind with CNET News.com.

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  4. not an axe to grind – but every single time you guys get credits mixed up and never mention the bloggers who break the stories. and no its not me i am talking about there – it has happened so many times before that i get irked by it.

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  5. Got tired of the small comment window. ;-) See my further response at clock, my personal blog.

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  6. john Well if that is not the case, well how about mashing up the who got the news on Lj-SA first, or more recently the one about Virgin Electronics shutting down. Need i bring up more examples. Glenn Fleishman and Rafat Ali would have a lot to add about that -

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  7. Om
    The litany of woes against News.com runs long…the problem is their posing: the internal word is: oh, when we were new, it happened to us. So if it is happening to you now, just suck it up. The arrogance stems from the top, but I’ll leave it at that…
    Om, I’ll chime in more after others do…

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  8. New Road to Riches was an awesome read – practical business sense! Excel and sell. :) I’m eager to see how the Yahoo!-Flickr! deal opens up new vistas for photobloggers and taggers. Buzznet is also cool, yes, that too may get picked up soon – but it could surely use some Flash!

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  9. Surprise!? Yahoo! buys Flickr

    It’s all around the blogs and news today: Yahoo! acquired Ludicorp and therefore their most important product called Flickr, the new google these days concerning coolness-factors…

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  10. Yahoo Goes Shopping in Canada

    Om Malik must be a happy man today after Ludicorp Research & Development Ltd. was acquired by Yahoo Inc. – a deal disclosed/predicted by Om, who wrote about the company last year in Business 2.0. Vancouver-based Ludicorp makes popular photo-sharing sof…

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