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.