RIP GeoCities
I have never understood the management of Yahoo. It seems to be a company that is less than the sum of its parts. It has always had a collection of nice Web features and applications but they never seem to get connected to one another. And Yahoo never seems to do much to develop their potential. Yahoo is still the biggest email provider but I wonder how many of its clients are aware of all the other things that Yahoo offers. They are there but hard to find.
Then there are the bad deals. Aside from the bungling of the negotiations with Microsoft, today is the culmination of another wasted opportunity. The venerable Web site provider GeoCities is being shuttered. Many an individual got started with a GeoCities Web page. It was also an online community before Facebook and the like. Yahoo bought it for $3.57 billion during the dotcom mania and then let it just sit there. Nothing was done to realize its value. Now it’s dead.
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