Yahoo Sells Delicious To YouTube Founders

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Yahoo has finally found a buyer for long suffering Delicious. YouTube founders Chad Hurley and Steve Chen have acquired the company, says Yahoo, via a “new Internet company, AVOS.” We’re still gathering details, but here’s the official stuff:

Yahoo’s statement:

Today YouTube founders Chad Hurley and Steve Chen announced they have acquired the Delicious technology from Yahoo!. They plan to continue the service that users have come to know and love and make the site even easier and more fun to save, share and discover the web’s “tastiest” content.

Providing a smooth transition for users is important to both companies. There will be a transition period where users can elect to sign up for a new account. Users’ public and private bookmarks will be maintained through the transition period and transferred as they are today when it is complete.

As we have said, part of our product strategy involves shifting our investment with off-strategy products to put better focus on our core strengths and fund new innovation. We believe this is the right move for the service, our users and our shareholders and look forward to watching the Delicious technology develop.

Delicious blog:

YouTube Founders Acquire Delicious

Today, we’re pleased to announce that Delicious has been acquired by the founders of YouTube, Chad Hurley and Steve Chen. As creators of the largest online video platform, they have firsthand experience enabling millions of users to share their experiences with the world. They are committed to running and improving Delicious going forward.

Providing a seamless transition for users is incredibly important for both companies. Yahoo! will continue to operate Delicious until approximately July 2011. When the transition period is complete, your information will be moved over to Delicious’ new owner.

Starting today, we will ask you to login to Delicious again and agree to let Yahoo! transfer your bookmarks to the new owner. That way, you’ll enjoy uninterrupted use of the service and will keep your account and all of your bookmarks when we make the transition. For more information on the Delicious transition, please refer to this FAQ.
Thank you for your patience in this time of transition and thank you for using Delicious!

FAQ:

Frequently Asked Questions
The answers to frequently asked questions about the AVOS transition
Whoa, what’s happening?
Sorry if we’ve caught you by surprise. Delicious has been acquired by the founders of YouTube, Chad Hurley and Steve Chen and will become part of their new Internet company, AVOS. Here are a few links to catch you up to date on the latest news regarding Delicious (blog post, press release).

Why has Yahoo! chosen to transition Delicious to AVOS?
While we love Delicious (and our users love Delicious), we wanted to find a home for the product where it can receive more love and attention. We think AVOS is that place.

When will AVOS officially start running Delicious?
We anticipate Delicious in its current form will be available until approximately July 2011. By agreeing to AVOS’s terms of service upfront, you will allow us to move your data when the time comes to transfer control to AVOS.

What does AVOS plan to do with Delicious?
AVOS plans to continue the service that users have come to know and love and by working with the community, make the site even easier and more fun to save, share and discover the web’s “tastiest” content.

Will AVOS maintain the Delicious service with all of its functionality?
Yes, that’s the plan. There may be a time of adjustment as AVOS re-launches Delicious, but the company’s intention is to add new features and grow the service overall.

Where can I find the AVOS Terms of Service and Privacy Policy?
Right here. AVOS Terms of Service and Privacy Policy.

How do I transfer my bookmarks?
To transfer your bookmarks, you need to “opt-in” to allow your account and all associated data to be moved. You can do this from the opt-in page.

What will happen to my public and private bookmarks?
By agreeing to the AVOS terms of service, you will allow us to send your account information, bookmarks, and all the data associated with your Delicious account to AVOS when they re-launch Delicious. Your public and private bookmarks will be maintained as they are today. The information transferred would include:

Delicious username
Delicious password
Email address
First Name
Last Name
Bookmarks, Tags and Notes
Inbox items
Tag Bundles
Tag Descriptions
Network Members
Subscriptions
Blogpost jobs
Twitter Auth credentials (if supplied)
What if I don’t opt-in to migrate my bookmarks to AVOS?
You will no longer be able to use Delicious or access your bookmarks after the transition is complete.

Is AVOS going to build a Delicious extension that is compatible with Firefox 4.0?
Yes. This is a top priority. AVOS plans to release a new extension as soon as possible. For information on workarounds, please see here. Please visit blog.delicious.com for the latest news on upcoming product releases.

Can I export my data from Delicious?
Yes. Please use our export tool.

Who can I contact for more information?
If you require assistance, our support team can help you.

Press Release:

YOUTUBE FOUNDERS ACQUIRE DELICIOUS FROM YAHOO!

Promise Users the Same Great Service And Even Easier & More Fun Ways To Save, Share, and Discover the Web’s “Tastiest” Content.

San Francisco, CA., – April 26, 2011 – Delicious.com, the leading social bookmarking service, has been acquired by the founders of YouTube, Chad Hurley and Steve Chen. As creators of the largest online video platform, they have firsthand experience enabling millions of users to share their experiences with the world. Their vision for Delicious is to continue to provide the same great service users love and to make the site even easier and more fun to save, share, and discover the web’s “tastiest” content. Delicious will become part of AVOS, a new Internet company.

“We’re excited to work with this fantastic community and take Delicious to the next level,” said Chad Hurley, CEO of AVOS. “We see a tremendous opportunity to simplify the way users save and share content they discover anywhere on the web.”

“We spoke with numerous parties interested in acquiring the site, and chose Chad and Steve based on their passion and unique vision for Delicious,” said John Matheny, SVP of Communications and Communities at Yahoo!.

The YouTube founders plan to work closely with the community over the next few months to develop innovative features to help solve the problem of information overload. “We see this problem not just in the world of video, but also cutting across every information-intensive media type,” said Chen.

Going back to their roots, Hurley and Chen located Delicious in downtown San Mateo, California, blocks away from where they started YouTube. They’re aggressively hiring to build a world-class team to take on the challenge of building the best information discovery service on the web.

About Delicious
Delicious is the leading social bookmarking service for saving, sharing, and discovering web bookmarks. Started in 2003 and acquired by Yahoo! in 2005, Delicious has built a passionate, worldwide community of millions of users. In 2011, Delicious was acquired by the founders of YouTube, Chad Hurley and Steve Chen. Previously, they co-founded YouTube, the world’s largest video site in 2005, which was acquired by Google 18 months later for $1.76B. Delicious is part of AVOS, a new Internet company based in San Mateo, California.

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