Fred Wilson:

I am not writing this in defense of Facebook. They can and will defend themselves. I am wrting this in outrage at Yahoo! I used to care about that company for some reason. No more. They are dead to me. Dead and gone. I hate them now.

I have yet to read anyone not in agreement that Yahoo’s move here is total bullshit. They’ve really, truly (and probably irreversibly) fucked their reputation in the tech community here. That will be fatal. 

Just remember this when they’re chopped up and sold for parts in a few years. Or — more poetically — when Facebook buys them just to turn out the lights.

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