MarketLudicorp
Company Profile

Ludicorp

Ludicorp was a company based in Vancouver, British Columbia, Canada, that created Flickr and Game Neverending. It was founded in 2002 by Stewart Butterfield, Caterina Fake and Jason Classon and was bought by Yahoo! on March 20, 2005.

History
Background Stewart Butterfield, a founder of Ludicorp, earned a bachelor's degree in philosophy in 1996 from the University of Victoria and then went on to earn master's degrees in philosophy and in history from the University of Cambridge. Butterfield says his choice in degree, although uncommon for a STEM CEO, has benefited him in management and running businesses. According to Fake, “Neopets was one of the inspirations for Game Neverending,” a game where online multiplayer interaction was available. Game Neverending eventually became Ludicorp's major project, Flickr. Development of Flickr Game Neverending contained a feature which would allow players to communicate and share photographs with each other. Its fast growth was pushed by the increasing popularity of social networking sites, such as YouTube, and the increasing availability of smartphones with built in cameras. such as Instagram and Snapchat. Yahoo! did not focus on the development of Flickr and it became unprofitable for Ludicorp and Yahoo!. Yahoo! sold Flickr to SmugMug, causing Ludicorp to lose its main product. ==References==
tickerdossier.comtickerdossier.substack.com