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End Of An Era: Geocities Going Down

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So Yahoo! is taking down Geocities.

Still among the top 200 networks, Geocities which was up for more then a decade and was the first example of an open, simple to use, free personal Internet is now being closed. 2,000,000+ sites hosted on Geocities will be gone forever.

Geocities statistics

There are many morals for this story, but I’d like to point you to just one. Only 10 years ago Yahoo! acquired Geocities for ~ $4,000,000,000 (in stock….) to get this site.

The agreement, which combines two of the World Wide Web’s most popular destinations, would be the largest acquisition involving a Southern California Internet start-up. It also would solidify Santa Clara, Calif.-based Yahoo’s position at the head of the portal pack.

Can it happen again? Can one of today’s web-based leaders will be taken down and its content will be lost forever?

Will anyone pay such amount today?

11.22.2009 Update:

Almost a month later and the site is still pretty high on Alexa…..

Change log

11.22.2009 12:35 am Changed So Yahoo! is taking down Geocities today to So Yahoo! is taking down Geocities..

Written by sharon

October 26th, 2009 at 5:39 am

Posted in sales

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