July 29, 2008 at 15:42Flickr founder: “I would like Microsoft to buy Yahoo”
The founder of the photo service Flickr said that he would be very happy if his former parent company Yahoo will become the property of Microsoft, because the level of innovative culture in Yahoo is much lower than that of Google, so Yahoo is simply uncompetitive in the current situation.
As you know, the Flickr photo service was sold to Yahoo in March 2005. Startup founder Stewart Butterfield left Yahoo three years after the event, in July 2008. He was unlikely to be offended by Yahoo, because this deal brought him several million dollars. Therefore, his opinion can be considered objective, the more he knows well about the state of affairs at Yahoo, having fully worked out his three-year contract there.
“It seems to me that Yahoo’s problem is that the company’s management thinks too much about quarterly results,” Butterfield told ZDNet. “If the company is fully focused on achieving a certain level of free cash flow for current operations or a certain level of capital expenditures, then competitors are not at all difficult to get around you if they are not so much concerned about such things.” Clearly, this is a comparison of Yahoo and Google.
As you know, the Flickr photo service was sold to Yahoo in March 2005. Startup founder Stewart Butterfield left Yahoo three years after the event, in July 2008. He was unlikely to be offended by Yahoo, because this deal brought him several million dollars. Therefore, his opinion can be considered objective, the more he knows well about the state of affairs at Yahoo, having fully worked out his three-year contract there.
“It seems to me that Yahoo’s problem is that the company’s management thinks too much about quarterly results,” Butterfield told ZDNet. “If the company is fully focused on achieving a certain level of free cash flow for current operations or a certain level of capital expenditures, then competitors are not at all difficult to get around you if they are not so much concerned about such things.” Clearly, this is a comparison of Yahoo and Google.