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Do you think any of their other successful acquisitions had the same potential if left on their own?
by morkalork 1y ago
Do you think any of their other successful acquisitions had the same potential if left on their own?
- blueboo 1y agoOr even, did any of the other successful acquisitions have potential that was perceptibly curtailed by said acquisition? Feels like a cliche at this point, but I’m not sure it’s true.
- recursivecaveat 1y agoTumblr was 2-3x bigger than reddit apparently at acquisition time (just looking at google trends). Now reddit is public at 27B market cap, and tumblr is virtually worthless. I don't think there's anything fundamental about tumblr that would have prevented it from being the one in the sun instead. They're not dissimilar, and they could've used those years to grow tumblr in whatever direction they liked if there was indeed something stalling it.
- sfblah 1y agoI know a fair bit about this deal. Some massive percentage of Tumblr's traffic was porn. And, shockingly, Yahoo management did NOT know this when they signed the check.