Sure, but "Tumblr" is not an existential threat to Yahoo!. That kind of dynamic where you're such a pain in the ass to some big company that they have to buy yo

Sure, but "Tumblr" is not an existential threat to Yahoo!. That kind of dynamic where you're such a pain in the ass to some big company that they have to buy you to maintain their status quo business as usual is one of the best ways to get acquired. When you don't have that dynamic, Yahoo! doesn't have to buy Tumblr. Maybe they have to buy something but it doesn't have to be Tumblr and it doesn't have to be now, right this moment.