Our Matchmaker
You and I met because of him. How so?
This is Stewart Butterfield of Vancouver. In late 2003, he and co-founder Caterina Fake were having financial problems with their on-line video game business called Game Neverending. They were forced to strip down Game Neverending and what emerged was flickr, a photo-sharing social network web site.
In 2004, they sold flickr to Yahoo for USD $30-million. They admitted that had they not sold at the time and waited till now, flickr would have been worth hundreds of million, if not into the billion mark. Oh well, $30 million is not bad.
Scanned from Page B1 of the Globe and Mail newspaper, 20 November, 2009.
Copyright: Globe and Mail 2009.
Our Matchmaker
You and I met because of him. How so?
This is Stewart Butterfield of Vancouver. In late 2003, he and co-founder Caterina Fake were having financial problems with their on-line video game business called Game Neverending. They were forced to strip down Game Neverending and what emerged was flickr, a photo-sharing social network web site.
In 2004, they sold flickr to Yahoo for USD $30-million. They admitted that had they not sold at the time and waited till now, flickr would have been worth hundreds of million, if not into the billion mark. Oh well, $30 million is not bad.
Scanned from Page B1 of the Globe and Mail newspaper, 20 November, 2009.
Copyright: Globe and Mail 2009.