The Old Feeds On The New

September 19, 2009 | Category: Digital Slavery

37signals has an excellent piece on the purchase of Mint by Intuit.

As more great new companies are absorbed into big old companies, a whole new generation of change is lost. They can issue press releases saying how excited they are to be able to bring their product to a whole new world of customers, and how their new suitor will bring enormous resources to bear, but we know that’s usually not really what happens. Development slows, products stall, the staff that built the great stuff leaves, and mediocrity creeps in. Not always, but usually.

This could just as easily describe the purchase of Flickr by Yahoo. It’s remarkable how little the site has changed in the past few years.