Wednesday, August 12, 2009
Delicious Founder: I Wish I Had Not Sold to Yahoo
Back in 2005 (a long time in the social media world), Yahoo acquired Delicious, the popular social bookmarking website.
Back in 2005 (a long time in the social media world), Yahoo acquired Delicious, the popular social bookmarking website.
On TV, content is king. But on the Web, community may reign supreme. Throughout television history, the way to lure most viewers was to air the best shows. It doesn’t necessarily work that way on the Web, where many shows can be seen on multiple sites.
Beta, as it pertains to Web sites, has seen better days. Not long ago, saying the word as part of your Web development cycle could help land venture capital even faster than claiming “community,” “paradigm shift” or “disruptive technology.” Now, the term is dissipated and confusing.
The idea for a virtual world focused on the Islamic lifestyle began five years ago, when CEO Mohamed El-Fatatry moved from Dubai to Finland in order to attend university. Raised in Dubai, El-Fatatry wanted wider horizons and a chance to see more of life.
Over the last five years I have been asked countless times: “Steve, what’s the next hot online community?” It seems as though everybody is on the lookout for the successor to MySpace, Twitter or Facebook.
I think Facebook is about to reach a very critical point in its development. It needs to answer a very basic question: Does it want to be needed or loved as a brand and as a service? I always pondered this question back in the good old days of AOL’s development. Is it a fun, community-based service that is free and aside of one’s life focused on one-to-one communications and chat? Or is it a utility that becomes a front page and starting point for its customers who pay with time and click streams and live their life on the Net? Is it consumer based or more of a B-to-B platform for others to reach consumers? Very few franchises get to be BOTH needed and loved.
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We are fully aware of the controversies around how linking and aggregating is done on the Web and we, in no way, are attempting to "scrape" original content created by others. Instead, regarding third-party posts, we are trying to point readers of this site to other posts from around the Web that we admire and are trying to do so in the quickest manner possible.
The Internet is full of terrific content that is not ours and we want to help our readers find it by making editorial suggestions--Look, Mom, no algorithm!--of posts we think are worth their time.
That is why we have made even more changes to Voices to ensure we do this in the most transparent and timely way. While we don't expect that everyone will agree with our policies, we have made changes that reflect our intent in pointing to content outside our site.
So here is exactly what we do: Read more »
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