4 ms·
>Tumblr wasn't a bad acquisition. I would like to see your justification for this. Because Yahoo paid 1.1 billion dollars for it and they wrote down pretty mu
by treis 8y ago
>Tumblr wasn't a bad acquisition.
I would like to see your justification for this. Because Yahoo paid 1.1 billion dollars for it and they wrote down pretty much all of the value within a few years. It looks especially bad when compared with Facebook buying Instagram around the same time for about the same price.
- macspoofing 8y agoYou seem like you're more aware of the outcomes of the purchase so I will acquiesce to you, but $1 billion for Tumblr doesn't strike me as particularly egregious. Maybe that's because culturally Tumblr punches above its weight? I don't know.