Just regarding the price tag, it's probably not actually $3m. Even the source article states:
A source familiar with the deal puts the price-tag "well below" $20 million, while another source puts it below $10 million.
Yeah, we don't know the details.
But suffice to say that this deal by Yahoo! was a disaster. It's similar to both the YouTube and Instagram acquisitions in approximate cost.
It's kind of incredible that they managed to do so much damage to Tumblr's value. Then again, it's Yahoo. If anyone can do it, it's them.
Are you sure you want to hide this comment? It will become hidden in your post, but will still be visible via the comment's permalink.
Hide child comments as well
Confirm
For further actions, you may consider blocking this person and/or reporting abuse
We're a place where coders share, stay up-to-date and grow their careers.
Just regarding the price tag, it's probably not actually $3m. Even the source article states:
A source familiar with the deal puts the price-tag "well below" $20 million, while another source puts it below $10 million.
Yeah, we don't know the details.
But suffice to say that this deal by Yahoo! was a disaster. It's similar to both the YouTube and Instagram acquisitions in approximate cost.
It's kind of incredible that they managed to do so much damage to Tumblr's value. Then again, it's Yahoo. If anyone can do it, it's them.