So they sold Tumblr to Yahoo for 1.1 Billion Dollars. One has to wonder if Yahoo, CEO Marissa Mayer, knows what she is doing. Tumblr brought in about $13 Million. last year, at that rate it will take about 77 years to pay for itself. Tumblr doesn’t have any advertisement revenue and its users like it that way. http://staff.tumblr.com/post/50902268806/news http://abcnews.go.com/Technology/yahoo-buys-tumblr-social-network-service-11-billion/story?id=19215310#.UZuzr6KG14k http://www.nytimes.com/2013/05/20/technology/yahoo-to-buy-tumblr-for-1-1-billion.html?pagewanted=all&_r=0
- Jean Giraudoux"The secret of success is sincerity. Once you can fake that you've got it made."
- Jean Giraudoux