Photo sharing site Flickr is one of the leading lights of Yahoo – but cofounders (and husband/wife team) Caterina Fake and Stewart Butterfield won't be around to keep driving the product forward. They are both joining the mass exodus of executives from the company.
Fake officially left last Friday. Butterfield (who still officially runs Flickr) will leave on July 12. Kakul Srivastava, the director of product management for Flickr, will take over Stewart's role as general manager of Flickr. Sara Wood will take over Kakul's previous position.
From what we hear, neither has imminent plans to work on any new projects, but I suspect we haven't heard the last from either of them.
Butterfield and Fake created Flickr in 2004. It began as a photo-sharing feature of a gaming project, has since blossomed into one of the premier photo sharing sites on the web. Yahoo purchased Flickr for $35 million in March of 2005. In June 2007 Yahoo shutdown Yahoo Photos, making Flickr their exclusive photo sharing website. Today Flickr hosts over 2 billion images.