Thanks to bureaucracy and inaction, Flickr missed out on the
mobile and social revolutions that have defined the last five
years. Meanwhile, Instagram became the billion-dollar
photo-sharing service and Facebook became, well, a company that
could afford to buy a billion-dollar photo-sharing service. […]
Flickr could have been Yahoo’s Instagram, or maybe even Facebook.
Instead, it became its Friendster — a reminder of a bygone era
and what could have been but never was.
But something funny happened.