The rumors have been flying for the last few days, and the news just hit the blogosphere: Yahoo has acquired Del.icio.us. I was IMing with Joshua Schachter, the founder of del.icio.us to ask him about the rumors and he confirmed that they had just announced it.
I think this is a tremendous move by Yahoo and shows their dedication to competition.
I remember a conversation I had with a certain VC and a certain business partner back in June about del.icio.us. I said they’d have a large liquidity event and that the network they were creating was incredible. I was roundly criticized and we placed a small gentleman’s bet on my prediction.
No word on the price, so I don’t know if I won the bet or not. But I think I at least won the arguement.