Yahoo! Kickstart already kicked out

Its just over year since Yahoo! launched Kickstart in beta but as of now (probably just a few hours back), its already closed.

Kickstart was a Yahoo initiative to compete with Facebook, Linkedin etc but focused specifically on college students, alumni etc to connect them to jobs (professional networking space) to kickstart careers.

Right now, Kickstart shows "Thanks for trying Kickstart ! Please check out Yahoo! HotJobs for your job search needs." and links to their hotjobs site.
Given the economy slowdown, Microsoft-Yahoo acquisition disagreement, Facebook buyout failure and Y! 360 not catching up, they definitely seem to want to focus on revenue generating products instead.