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Flickr : How a desperate couple who were running out of money built and sold Flickr for $30+ million

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Caterina Fake and Stewart Butterfield started building an online multi-player Game and money was running out but they were not able to finish the game. 

They accidently hit upon an idea for a photo sharing website called it Flickr and it grew beyond their wildest dreams.

Yahoo came calling and they sold Flickr for a reported $35 million dollars.

What you could learn from this episode:

  • How she met her co-founder.
  • How they started a company not related to photos
  • How they discovered the idea for Flickr.
  • Why they ignored doing market research.
  • What market conditions enabled Flickr to be started.
  • What one thing they introduced, exploded the growth.
  • What did they do when they did not get the domain name
  • What did they do to build a good community.

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