Comment by mtlynch
Not GP but a rewrite based on what I think they mean:
Maciej knew Delicious inside out, and he knew what Delicious being acquired by Yahoo meant. So he started building Pinboard (a Delicious alternative) in 2009, caught the various exodus waves from Delicious in the later years (esp. 2011) and ended up acquiring Delicious for $35k in 2017.
Thank you for the translation from "person-in-the-know" to "clueless-bystander" :-D