You can almost hear the "snip-snip" of cost-cutting scissors at work. Following the forced departure of 1,500 employees last Wednesday, Jumpcut and Kickstart, two of Yahoo's more experimental and less popular sites, are facing similar fates.
Yahoo! has been a very influential provider of social services online for quite some time. Over the last few years they have either created or purchased online social sites, here is a quick breakdown of some of the major start-ups and acquisitions:
The ancient question about the chicken or the egg coming first applies to Yahoo's latest service, a college student and alumni social networking site called Kickstart.
Due to the arrival of OpenSocial, it felt like social networking had reached a new stage of development; Facebook stood alone, but other companies began to march under a single flag. Now, however, there’s another “loose” contender called Kickstart.
This new product may never make it out of research and development, but word has it that Yahoo is working on a social network called Kickstart. If successful, Kickstart would effectively bridge the gap between Facebook and LinkedIn.
Is your cash flowing out faster than it's flowing in? This can happen for a number of reasons and can be a sign that your business is growing at a faster speed than you are ready to handle. Perhaps your best customer has given you a $100,000 order -- but you need cash right now to buy the supplies needed to produce the product.
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