Monday, October 26, 2009

Yahoo Abandons More Than 20 Millions Pageviews (Closing Geocities)

5 years ago I paid 1/3 of my bills with a 1 page Geocities site. Today Yahoo takes more than 4.8 million geocities pages offline permanently. That's about 11.9 million visitors a month, who made about 21,420,000 pageviews a month, now getting some sort of 404 or "we removed this page" site instead of what they expected (data from Quantcast and Alexa).

Yahoo didn't make enough money with Geocities to keep it online because they didn't know how to, because they didn't try.

5 years ago Yahoo stock was trading near $35, today it closed at $16.87, losing 2% of it's value today. It's a shame to see a company misstep as badly and often as Yahoo has, and I'll miss the opportunity to make money with them through their Geocities sites.

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