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Summary:

Flickr, one of the few acquisitions that Yahoo (NSDQ: YHOO) has not messed up, at least on the product side, is now seeing the two co-founde…

Flickr, one of the few acquisitions that Yahoo (NSDQ: YHOO) has not messed up, at least on the product side, is now seeing the two co-founders leave: the husband-and-wife team of Stewart Butterfield and Caterina Fake are leaving the company, joining the mass exec exodus happening at the beleaguered company, reports TC. Fake left last Friday, while Butterfield will leave on July 12. Kakul Srivastava, the director of product management for Flickr, will take over Stewart

  1. That is certainly a big loss… shame!

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  2. stewart and caterina are great people, awesome innovators, salts of the earth, and so on, but where did you get the idea that they were "driving a lot of product innovation" within the company? Did you actually do any reporting? Did Stewart ever touch any other part of Yahoo? Has Caterina been anywhere near Brickhouse for over a year?

    Plus, whoever told you "Fake was leading the community/social tools development at Yahoo" is smoking crack. If only she were!

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  3. When Stewart and Caterina sold their company to Yahoo! three years ago the stock price was 40% higher than it is today — hopefully they took more cash than stock. If your three year lock up was over, wouldn't you now jump the sinking ship?

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  4. What Yahoo social tools? Yahoo360? Did Fake have any input on that?

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  5. The real question is what is in store for Flickr? Will their departure make an impact? Flickr has been one of the few shining lights of Yahoo….

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