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Axios now reporting [0] that the purchase price was under $3 million [0]: https://twitter.com/danprimack/status/1161038705295089664?s=21 https://twitter.com/da

Axios now reporting [0] that the purchase price was under $3 million [0]: https://twitter.com/danprimack/status/1161038705295089664?s=21 https://twitter.com/danprimack/status/1161038705295089664?s=...

mijustin 7y ago
‪$3 million for Tumblr seems like an incredible deal.‬ ‪(As a comparison, Automattic bought a small bootstrapped startup [WooCommerce] in 2015 for $30 million)‬
- CriticalCathed 7y ago
  Didn't Yahoo pay more than a billion for it? Yikes. At this price it seems that this was more of a liquidation than a sale.
  - aodin 7y ago
    $1.1 billion cash https://www.businessinsider.com/yahoos-board-approves-11-billion-purchase-of-tumblr-2013-5 https://www.businessinsider.com/yahoos-board-approves-11-bil...
    - trazire 7y ago
      After-tax loss of around $877 million.
lesdeuxmagots 7y ago
From personal sources, the $3m price is off.
sigspec 7y ago
That cannot be right. Tumblr has fallen from grace but 3 million???