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First 300,000 is easy

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Having had a chance to sleep over the whole thing, a few thoughts….

300,000 is the number of users. When Flickr sold out, it had about 250,000 users. I think this reinforces that even in Web 2.0 Scale & Size Matters. Future growth was going to be expensive for both these companies, and they decided to sell out.

Secondly, that number makes you wonder if the whole Web 2.0 thing is still in a very-early adopter stage. Even the Yahoo’s own MyWeb effort is stuck in the low gear. I get a feeling that it will be a long time before the concepts filter into mainstream usage.

The price based on some of the methods we used in The Return of the Monetized Eyeballs story, works out to around $11.4 million. And this one is not even based on revenue.

Dave Taylor has an interview with yahooligans on their game plan with Justification: making search better. Yahoo has bet pretty aggressively on tags, and Google hasn’t. Why? Why Not?

10 Responses to “First 300,000 is easy”

  1. Well I’m one of the 300,000 – just as I was one of the 250,000 on Flickr.

    The difference: I gave Flickr money. And I use it all of the time.

    I guess I don’t get the thing at all. More dust.bin to me.

  2. I agree that Web 2.0 is in early adopter stage. The applications are not really solving everyday problems, but rather organising things that ‘internet-savvy’ people do already. When Web 2.0 starts to spill over into CRM, that’s where big changes should start to happen.

  3. >> Yahoo paid for 300,000 humans who will categorize (tag) the web for them

    The problem is the interests of those 300k or so people are so out of tune with the rest of the population ,so the tags will not be of much use to yahoo in search.

    If you want proof just compare the popular tags with that of Google Zeitagalist or Yahoo Buzz index

  4. I think it’s a mistake to value only in terms of the size of its user base.

    Instead, think of it this way: Yahoo paid for 300,000 humans who will categorize (tag) the web for them. There will be all sorts of opportunities to use that tagging in Yahoo’s main search application and other Yahoo searches.

  5. Yahoo has been pushing tags more than Google and with acquiring they are re-inforcing their bet. I would disagree that Google isn’t vying for tag space. One could look at Google Base as a mash up of tagging and classified advertising.