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A comment on Tumblr’s Unclear Future. Parent comment

Re:Tumblr’s Unclear Future by beager on Thursday June 29, 2017 @09:18AM (#14663027)
You might infer such a valuation on an ICO with a coin that is tenuously that valuable, but 1.1b for Tumblr was an outright acquisition, cold cash.

You could probably claim a value of 1.1b on any hackneyed scam via ICO, but the issues with that eclipse any meaningful discussion we could have about Tumblr as an idea or viable business in 2017.

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Re:Tumblr’s Unclear Future by GotAnyMegadeth on Thursday June 29, 2017 @09:32AM (#14663123)
Hello :-) Could I just ask what ICO stands for? Thanks
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Re:Tumblr’s Unclear Future by toomuchtodo on Thursday June 29, 2017 @10:04AM (#14663380)
https://www.bloomberg.com/news/articles/2017-06-15/digital-c...
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Re:Tumblr’s Unclear Future by gruturo on Thursday June 29, 2017 @09:37AM (#14663157)
Initial Coin Offering.

The IPO of a cryptocurrency, more or less.

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Re:Tumblr’s Unclear Future by joombaga on Thursday June 29, 2017 @09:37AM (#14663160)
"Initial Coin Offering", a way to crowd fund with cryptocurrency.
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