Flickr’s Need To Innovate – Content Will Follow The Money

I am a huge Flickr fan and have used it for years, but the launch of a new version of Zooomr points out how no company can rest on it’s laurels. The most important take away here is:

If the majority of a companies value is derived from its users ala 99% of social media/web2.0 sites, then the companies that best motivate and compensate their users will win.

some key features of the new version of Zooomr :

• Sell your photos as stock — you keep 90% of the sale!
• Unlimited storage, archival and uploading for all users — no limits on photo size, either!
• For developers: An Open API so that you can access all of the richness of Zooomr in your own apps.

Full disclosure, I was in the past plied with alcohol at the CTO and Founder of Zooomr’s birthday party, can you believe he’s 19