I Tumbl For You
The Dustbin of Internet History
At yesterday’s Ad Tech New York conference, Union Square Ventures investor Fred Wilson dismissed the notion that Tumblr will go the way of GeoCities. Mr. Wilson should know: he invested in both.
Although the two platforms, which both grew out of empowering community and self-expression, may share a similar trajectory–explosive traffic, scads of funding, sky high valuations–he argued that Tumblr has modern social media’s emphasis on the news feed (for elegance of consumption) combined with a different approach to advertising.
Explaining the origins of the Children’s Online Privacy Protection Act, the paper went with: “a personal website company in the 1990s.”
So it goes. Read More
Tech Bubble Watch
Remember Geocities, the 90s-era webpage builder that you probably used to host your “About Me” page in 6th grade computer class? Yahoo shut down Geocities’ U.S. service back in 2009, but according to a link on the front page of Hacker News today, a simple Google search turns up remaining Geocities websites that are still in existence. Turns out, some of them are pretty damn weird.
It would be easy to assume that 1999 is the kind of year Fred Wilson would like to repeat.
In January of that year, Yahoo bought the web hosting service Geocities. Wilson and his first firm, Flatiron Ventures, were an early Geocities investor.
1999 was near the peak of the dot-com bubble, and Yahoo paid a Read More