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Yahoo buys GeoCities (1999)

money.cnn.com

11–20 of 122 posts

Re: Yahoo buys GeoCities (1999)

#11
post #3

My guess is that it was worth it at that time. GeoCities was huuuge. It's where I started and many of the sites I would encounter at the time from search results were hosted on GeoCities. Ah, those were the days.

How could it have been worth it at that time? Look what happened!

Re: Yahoo buys GeoCities (1999)

#13

Wow, people can get super-rich off the internet! Let's all invest our money in internet companies!

I think this was part of what Larry Page was trying to get across yesterday after Google released a bunch of services that (potentially) trounced many hotly contested competing services.

There's been a lot of billions thrown around over some relatively uninspired ideas and it seems like a concerted attempt to create a false, easily manipulated, bubbly marketplace.

Re: Yahoo buys GeoCities (1999)

#14
I worked for Tripod.com back in the day, which eventually sold to Lycos for about $60M, just a few months before Yahoo bought Geocities for $3.6B.

Needless to say, maybe we should have held out a bit longer. The late 90's were a strange time indeed.

Re: Yahoo buys GeoCities (1999)

#16
post #11
post #3

My guess is that it was worth it at that time. GeoCities was huuuge. It's where I started and many of the sites I would encounter at the time from search results were hosted on GeoCities. Ah, those were the days.

How could it have been worth it at that time? Look what happened!

> Look what happened!

.. it was poorly managed and basically left to die. Then almost a decade later it was recreated again by another company (Tumblr).

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