Wednesday, February 03, 2016

What an irony - Yahoo has a lot of users/visitors but no useful services, while OLX, Quikr have useful services but have to pay to acquire users

It intrigues me that established/veteran powerhouses such as Yahoo [especially] and AOL [to some extent] have a lot of regular users/visitors - numbering in millions - but neither of them has even a single new-age, innovative product/service in its portfolio. For example, in the last few years, India has witnessed an explosive rise of services such as BookMyShow, Flipkart/Snapdeal, OLX/Quikr, Ola, MobiKwik/Paytm, Zomato, etc., but there has been no such cutting-edge product/service from Yahoo India. Does Yahoo India have no idea incubator/startup incubator lab which gives wings to those creative guys who have the idea and the zeal to launch a new, innovative venture [drawing on the established user base of and funding from Yahoo India]?

In contrast, look at the startups. They're - and this includes OLX, Flipkart, Ola, etc. - literally burning money in order to acquire customers. These startups have the catchy ideas and the zeal, but are short on cash and customers.

What an irony.

Update [Feb'16]: It's of course painful to see Yahoo shutter product after product ["Product Prioritization"], including seemingly important/innovative ones like Yahoo Maps and Yahoo Pipes.

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