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That $1.1Bilion price tag paid for Tumblr is just over 10% of the indicated price tag. Maybe Tumblr are also good for something.
by hacksonx 10y ago
That $1.1Bilion price tag paid for Tumblr is just over 10% of the indicated price tag. Maybe Tumblr are also good for something.
- jonknee 10y agoYou're joking right? They keep writing off Tumblr, it is worthless. Just 4 days ago: https://www.yahoo.com/tech/yahoo-reports-another-big-loss-212237743.html https://www.yahoo.com/tech/yahoo-reports-another-big-loss-21... > Yahoo also reported Monday that it's writing down $482 million in charges related to the declining value of Tumblr, the social-blogging service that Yahoo acquired for $1.1 billion in 2013. Combined with an earlier write-down of $230 million, that indicates Tumblr's value has plunged by almost two-thirds.
- toomanybeersies 10y agoThere is a certain irony reading about the downfall of Yahoo on Yahoo news.