Caterina Fake and Stewart Butterfield, the husband and wife team who co-founded Flickr (my favorite photo and now video hosting community), which was purchased by Yahoo in 2005 for $35 million, are leaving their baby--prematurely in my opinion. I was there when this site first appeared on my nerdar in 2004, and since then it has been my blogging partner in crime. This is one property (and maybe their fantasy sports leagues) in the Yahoo portfolio that is superior to anything that Google has been able to offer. This said, I'm always interested in the next thing around the corner, so let me know if there's a better website out there than Flickr. I had a conversation with Kaizar recently where we were discussing the issue of Yahoo and in particular how being part of that dysfunctional family might be impacting Flickr. I guess news of Fake and Butterfield's departure gives us some insight into that question.
Here is Butterfield's pretty bizarre and far-out alleged resignation letter.
Read more here.