Friday, December 9 gets yahoo'd

Not another one... all my favorite services are getting bought up. This is like a mini version of mergers and aquisitions trend that happnened in the 80's.

We're proud to announce that has joined the Yahoo! family. Together we'll continue to improve how people discover, remember and share on the Internet, with a big emphasis on the power of community. We're excited to be working with the Yahoo! Search team - they definitely get social systems and their potential to change the web. (We're also excited to be joining our fraternal twin Flickr!)

We want to thank everyone who has helped us along the way - our employees, our great investors and advisors, and especially our users. We still want to get your feedback, and we look forward to bringing you new features and more servers in the future.

I look forward to continuing my vision of social and community memory, and taking it to the next level with the community and Yahoo!

I don't think there's any denying that we're in a bit of a bubble at this point. This bubble is defined by the winners of the last .com boom buying up the new potentials.

At least it's much more efficient and less speculative of a bubble then the 1999/2001 bubble, when millions of ametuer investors invested in the market blindly. No we've got google, yahoo and a couple other big savy companies on competing shopping sprees.

The disadvantage though is the investment opportunities aren't well distributed either... less risk distribution but also less wealth distribution. Although I do wonder how this wealth is trickling down into the pockets of millions of developers in the space working on small independant projects. Perhaps they'll be the real winners in this bubble. Oh, and FYI, I don't think we can call it just a "tech bloom" anymore.

Maybe it's a "tech blossom". :)

And don't even get me started on the Web2.0 hype. I'm officially sick of it.

LOL y.ah.oo!

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