Change in Guard for Delicious Acquired by Youtube founders
I yet to to get off from my recent trip to vegas but found a big buzz talk in social media industry “CHANGE in GUARD for DEL.ICIO.US“. Best strategy in card game is drop the non-fit high value card and grab a new one in search of match. Yahoo just followed basic card game ethics. In one of their previous interview they pretty much outlined their strategy,
“No, we are not shutting down Delicious. While we have determined that there is not a strategic fit at Yahoo!, we believe there is a ideal home for Delicious outside of the company where it can be resourced to the level where it can be competitive”
del.icio.us – Popular Social bookmarking website is acquired by youtube founders Steve Chen Chad Hurley. This news makes much buzz than what yahoo has tried with del.icio.us. Chad Hurley and Steve Chen. As creators of the largest online video platform, they have firsthand experience enabling millions of users to share their experiences with the world. Their vision for Delicious is to continue to provide the same great service users love and to make the site even easier and more fun to save, share, and discover the web’s “tastiest” content. Delicious will become part of AVOS, a new Internet company.
In the mean while, what Just happened now show a big twist is making successful business model from Social Media site. Except select few all other are struggling to find a right path for profit. Just book marking is not going to stay long, We need participation, user experience.
A Blog linked at your FB profile has high probability of attracting readers than stacking at a bookmarking site. I do agree placed at relevant place will draw relevant users. But social part is a big drawback at current implementation.
I wonder how google and Facebook missed this wonderful opportunity, Both of them are sitting at enough cash. A cheap buy with 180 unique URLs is such a big data to play with. What would have been the reason for google and FB leaving this best buy?
For the value yahoo acquired, they made nothing in this sale. Steve and Chad made a very good move to get back on track. 1:30 is their loss, but over the period of 4 year they must have made some profit. Not to mention the problems from December 2010. A safe hand like Youtube founders is a much joy to del.icio.us users. Let wait for their next step come public.
Tags: del.icio.us, del.icio.us aquired, delicious aquired, social bookmarking