Mathew's comments - Latest Comments in Josh is wrong — geeks totally rule!

Re: Josh is wrong — geeks totally rule!

Mathew Ingram — Fri, 12 May 2006 21:07:01 -0000

Thanks, Mike. Those are both good points.

Re: Josh is wrong — geeks totally rule!

Mike D. — Fri, 12 May 2006 20:10:12 -0000

One point FOR Flickr being a good business and one point AGAINST:

1. For: Almost every time I look at someone's profile on Flickr who I know, they have a Pro account. Meaning they paid. This is very impressive.

2. Against: Caterina has said -- on at least one occasion that I can remember -- that if she was going to do it all over again, she would have concentrated on the printing aspect of the business, since that's where the money was. I actually think I remember her saying this at a conference about a week before the Yahoo acquisition was announced.

Re: Josh is wrong — geeks totally rule!

Mathew Ingram — Fri, 12 May 2006 17:49:54 -0000

Thanks for the comment, Dare. To answer your question, no I don't have any independent numbers to justify my statement that Flickr is a good business -- although I think that recouping the investment of the founders and financial backers is a heck of a lot closer to that goal than lots of other Web-based startups get. They may not be spinning off billions in cash flow, but they have over a million registered users, many of whom are paying cash to be there -- that's a pretty good start, I would think.

Mathew

Re: Josh is wrong — geeks totally rule!

Dare Obasanjo — Fri, 12 May 2006 17:28:07 -0000

Do you have the numbers to back up that Flickr is a good business or does the definition of good business simply mean that the founders and early investors recouped their investment?