If you’ve been watching the drama surrounding Yahoo unfold for the past two or three years, then you are well aware that it can rise to a fevered pitch. The latest is around the social bookmarking site Delicious. Yahoo had originally said it was going to fold the site, but then the groans started. Now, the rumor is they have sold it.
What’s the reported price? $5 million.
I think that is a gross underestimation of Delicious’s value, though I’m no expert on business valuations. Nevertheless, if it’s true, it could be a big boon to Yahoo. I mean, I’m sure they could they use the $5 million for something. And if you use Delicious, then you won’t have to export your bookmarks to someplace else. That surely must be good news.
Personally, I hope Delicious sticks around. I think it has been a major contributor to the social landscape for more than a few good years. Perhaps another company will take it and make something out of it.
Still no word as to who the new owner of Delicious might be. Does it really matter? If it’s anyone with half the clout that Yahoo! has had, it might be a step up. Yahoo hasn’t done anything with it since owning it and there is certainly a lot of potential there.
Should we jump for joy if Delicious was sold?