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Send to email | Flickr Duo Ditching Yahoo, Too (YHOO) in YHOO | By Silicon el 17-Jun-2008 |
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Two more high-profile losses for Yahoo: Caterina Fake and Stewart Butterfield, the husband-and-wife duo that founded photo sharing site Flickr -- and sold it to Yahoo for a reported $30+ million in 2005 -- are leaving the company, TechCrunch's Michael Arrington reports. Fake reportedly left last Friday; Butterfield will leave July 12, says Arrington. (Who leaves on a Saturday?)
Departures like this aren't surprising -- it's been three years since Flickr was acquired. But Yahoo (YHOO) should be doing everything in its power to keep smart entrepreneurs (assuming they care) on its payroll right now -- not shedding them. More bad news for Jerry Yang and Sue Decker.
See Also: Time To Stem The Yahoo Bleed, Jerry Yahoo's Hiring Freeze, Confirmed And Explained New Yahoo Hire: Jerry's Severance Plan Makes Plenty Of Sense

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