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A comment on Tumblr CEO David Karp is stepping down from the company. Parent comment

Re:Tumblr CEO David Karp is stepping down from the company by tedmiston on Monday November 27, 2017 @03:29PM (#15790927)
> Yahoo has written down $712 million of the original $990 million that it paid for Tumblr

Brutal

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Re:Tumblr CEO David Karp is stepping down from the company by B1FF_PSUVM on Monday November 27, 2017 @04:08PM (#15791407)
I take it you didn't see the MS write down of Nokia mobile phones. Over ten times that, 7.6 billion USD: https://www.theverge.com/2015/7/8/8910999/microsoft-job-cuts...

Worse than brutal, a shame. And Windows Phone 8.1 was actually a good platform. I'm back on iOS, and it feels like being kicked back to the 20th century.

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Re:Tumblr CEO David Karp is stepping down from the company by kryptiskt on Monday November 27, 2017 @04:18PM (#15791501)
HP had to take a write down of $8.8B after their Autonomy acquisition.
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Re:Tumblr CEO David Karp is stepping down from the company by rrdharan on Monday November 27, 2017 @05:13PM (#15792058)
... and Time Warner wrote down AOL by $45B.

https://www.wsj.com/articles/SB1043702683178461304

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Re:Tumblr CEO David Karp is stepping down from the company by jzawodn on Monday November 27, 2017 @08:59PM (#15793610)
That. Was. Awesome.
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Re:Tumblr CEO David Karp is stepping down from the company by dingo_bat on Monday November 27, 2017 @10:46PM (#15794170)
> And Windows Phone 8.1 was actually a good platform.

Also, Nokia was a world leader. Imagine what all that manufacturing and design capability could have accomplished. Sad waste.

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