Comments on: Josh is wrong — geeks totally rule!

By: Mathew Ingram

Mathew Ingram — Sat, 13 May 2006 01:07:01 +0000

Thanks, Mike. Those are both good points.

By: Mike D.

Mike D. — Sat, 13 May 2006 00:10:12 +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.

By: Mathew Ingram

Mathew Ingram — Fri, 12 May 2006 21:49:54 +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

By: Dare Obasanjo

Dare Obasanjo — Fri, 12 May 2006 21:28:07 +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?

By: The Post Money Value

The Post Money Value — Thu, 01 Jan 1970 00:00:00 +0000

Mathew Ingram was putting geeks on a pedestal, I was meeting with a company called Picaboo. Like Josh Kopelman of First Round Capital, I donâ€™t spend time in â€œthe valleyâ€ and had the good fortune of getting a referral to look at Picaboo.