3 ms·
They only paid $20 million. Buying a brand name and some domain relevant developers for that little is probably a good deal.
by fooey 7y ago
They only paid $20 million.
Buying a brand name and some domain relevant developers for that little is probably a good deal.
- rchaud 7y agowow, that's less than the $35m MySpace went for in 2011, amd it could be argued that MS was even more of a ghost town then than Tumblr is today.
- tptacek 7y agoThey paid something closer to $3MM according to Dan Primack (but also took on the employee payroll).
- echelon 7y agoWhat a steal! Talent, a brand, and eyeballs. Even if the ship can't be turned around in the end, presumably all the new hires are top notch.