October 12, 2006

Social Media

Of Course You're Being Sold - What did you think would happen?

When Flickr sold to Yahoo, some users were concerned about the fate of their community. More recently, Google bought YouTube and now users are complaining:

"Since it was the `people' that made YouTube, why aren't they being paid billions?"
What did you think was going on? That some how people with lots of investment money just wanted to provide you with free bandwidth and tools to put your media online for fun?

Anyway, I got a huge laugh out of that quote... I said it before, so I'll say it again... communities are big business.