As a result of being resource-starved, Flickr quit planting the anchors it needed to climb ever higher. It missed the boat on local, on real time, on mobile, and even ultimately on social—the field it pioneered. And so, it never became the Flickr of video; YouTube snagged that ring. It never became the Flickr of people, which was of course Facebook. It remained the Flickr of photos. At least, until Instagram came along.
Flickr had it all in 2003, they invented the game but Yahoo’s acquisition and subsequent CorpDev integration teams killed Flickr into irrelevance. In the digital space, you literally need to be ahead of the curve.
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