Tag Archives: Companies

Bleep yeah, Yahoo!

Everyone has by now heard that Yahoo has agreed to acquire Tumblr for $1.1B. Smart move by Yahoo? Getting Tumblr’s 134 million eyeballs is a good thing. Paying that much for a company that did just $13M in sales in Q1 and burned through $25M in cash last year, is… a big bet.

But Tumblr CEO David Karp’s note to his users this morning? Priceless (particularly the end):


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Posted by on May 20, 2013 in Uncategorized


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