Yahoo to acquire Tumblr in $1.1 billion cash deal

GoldenGlove

๐Ÿ˜๐Ÿ˜‘๐Ÿ˜ถ๐Ÿ˜‘๐Ÿ˜
Staff member
Supporter
Joined
May 1, 2012
Messages
59,733
Reputation
5,780
Daps
140,720

Data-Hawk

I have no strings on me.
Joined
May 6, 2012
Messages
8,420
Reputation
1,985
Daps
16,307
Reppin
Oasis
Yahoo has 1 billion dollars?



Samething I was thinking. LOL..but it's probably one of those some cash up front and stock options.



CEO is only 26yrs old though:mindblown: and about to receive 200Mil+.

shyt like this makes you wonder what the hell am I doing with my life..lol
 

nyknick

refuel w/ chocolate milk
Joined
Jul 7, 2012
Messages
18,714
Reputation
6,060
Daps
90,745
Marissa Mayer :noah:


I gotta give her props, she's making major moves.
 

itsyoung!!

Veteran
Joined
May 1, 2012
Messages
38,465
Reputation
6,666
Daps
109,732
Reppin
Bay Area
Yahoo spent a couple hundred million on some news app some high school kid made earlier this year too.. Yahoo worth billions as well , but this is a way better investment than the news app.


People make money off popular tumblr sites by using google advertising. Yahoo will prolly block that but make it incentive to use their ads instead :manny: just guessing
 

concise

Veteran
Joined
Apr 30, 2012
Messages
39,842
Reputation
3,624
Daps
98,273
:whoo: So Tumblr's founder, David Karp, is only 26 and never even graduated high school? He started messing with HTML at age 11, and took off from there.

I know he previously sold 25% of Tumblr, but i wonder how much of this $1.1B he's getting.
mysmilie_1784.gif

:wow2:
 

yseJ

Empire strikes back
Joined
Apr 30, 2012
Messages
45,056
Reputation
2,662
Daps
65,144
Reppin
The Yay
gotta teach my son how to code

coding is like 1/10th of it. you have to be a businessman. I mean good coders get good money, 100k + easy and all but still the really big money comes from business decisions, not coding. coding is just implementation.
 

up in here

Superstar
Joined
May 9, 2012
Messages
7,647
Reputation
2,341
Daps
19,912
Reppin
NULL
coding is like 1/10th of it. you have to be a businessman. I mean good coders get good money, 100k + easy and all but still the really big money comes from business decisions, not coding. coding is just implementation.

well ok man, i will teach my 6 year old son to be a good business man too.
 

Absolut

Legal Bookie
Joined
Apr 30, 2012
Messages
15,629
Reputation
606
Daps
55,212
Reppin
Las Vegas
is the same dude who greenlighted buying geocities behind overpaying out the ass for tumblr
 

GoldenGlove

๐Ÿ˜๐Ÿ˜‘๐Ÿ˜ถ๐Ÿ˜‘๐Ÿ˜
Staff member
Supporter
Joined
May 1, 2012
Messages
59,733
Reputation
5,780
Daps
140,720
fukk this deal. Yahoo had the original Tumblr in Flickr and allowed it to go to shyt. I assume they'll do the same with this.

:usure:

Have you seen the new flickr that Yahoo dropped today breh?

The new UI is PIFF

:whoo: And they're giving away 1TB of storage for free I believe.
 

Ayo

SOHH 2001
Supporter
Joined
May 8, 2012
Messages
7,051
Reputation
724
Daps
19,132
Reppin
Back in MIA
coding is like 1/10th of it. you have to be a businessman. I mean good coders get good money, 100k + easy and all but still the really big money comes from business decisions, not coding. coding is just implementation.

Pure dumb luck is 75% of the equation. Being a good businessman and a good coder are the other 25%.
 
Top