Proof that "small" people can still make a fortune in the dot.com world:
Caterina Fake never expected the on-line game she was creating with her husband would spawn so much interest. It wasn't an action game, and they didn't have a Hollywood partner. What they had was a good idea and the foresight to shift gears when they realized the best feature of the game was the ability to share photographs.
The game itself was never completed, but the photo-sharing service became an on-line phenomenon called Flickr.com that has been growing by as much as 50 per cent a month since last June.
The site has about 5.5 million photos on it today, and Ms. Fake, a former art director at Salon.com with a degree in English literature, and Stewart Butterfield, a philosophy major who has helped design websites for several large organizations, have turned that giant public photo album into a huge payday from Yahoo Inc.
The Internet giant has agreed to buy the couple's Vancouver company, Ludicorp Research & Development Ltd., for a large, undisclosed sum.
More:
http://www.theglobeandmail.com/servl...ess/TopStories
Caterina Fake never expected the on-line game she was creating with her husband would spawn so much interest. It wasn't an action game, and they didn't have a Hollywood partner. What they had was a good idea and the foresight to shift gears when they realized the best feature of the game was the ability to share photographs.
The game itself was never completed, but the photo-sharing service became an on-line phenomenon called Flickr.com that has been growing by as much as 50 per cent a month since last June.
The site has about 5.5 million photos on it today, and Ms. Fake, a former art director at Salon.com with a degree in English literature, and Stewart Butterfield, a philosophy major who has helped design websites for several large organizations, have turned that giant public photo album into a huge payday from Yahoo Inc.
The Internet giant has agreed to buy the couple's Vancouver company, Ludicorp Research & Development Ltd., for a large, undisclosed sum.
More:
http://www.theglobeandmail.com/servl...ess/TopStories
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