Some of you might have already heard the news, but to me it’s still unbelievable. Frequent visitors of this blog might remember seeing a rewiew I did a few months ago about all the old free hosts and how most of them no longer exists. Geocities was actually one of the few that was still around – mostly because it was backed by Yahoo! and could absorb the millions of dollars of expenses they were accruing.
Well, even the might Yahoo! no longer wants anything to do with free web hosting. For those that were online in the 1990′s, you might recall that Yahoo! spent over $2.87 billion to buy geocities. That’s right folks, say that number outloud to yourselves. $2.87 BILLION dollars. Not to mention that $2.87B in 1999 dollars would equal well over $3 BILLION today. Ironically enough, the value of the entire Yahoo! corporation was down to as low as $12B earlier this year.
Geocities was one of the original web hosts, and was actually one of the few that was started before T35. I actually enjoyed competing with them over the years (as opposed to competing with Google and all the dirty tricks they use). Here’s the official and final word from the Geocities folks themselves:
Sorry, new GeoCities accounts are no longer available. After careful consideration, we have decided to close GeoCities later this year. We’ll share more details this summer.