Straight up, yo. That there is a company that fucked up everything. Not just passing on Google for $1m, but I mean, shit - Flickr.
If it weren't for fantasy football, which they pretty much dominate, I don't know what service they would offer that people actually care about. And this: This is such a backwards corporate strategy that many companies beyond Yahoo! employ. There was a great expose on the dismantling of Sears that I read (on Hubski, I think) that basically accused them of the same thing, which is to divide and conquer within your own company, forcing your individual business units to compete with one another rather than to cooperate against outside competitors.Because Flickr wasn't as profitable as some of the other bigger properties, like Yahoo Mail or Yahoo Sports, it wasn't given the resources that were dedicated to other products.
They have done every single thing wrong in the last... shit, the whole last decade now, and yet, for some mindblowing reason, they are still in the top five most popular websites worldwide and, some months, are the top websites in the US