Re:Marissa Mayer on career growth and how a revenue guarante...
by macspoofing on Saturday April 13, 2019 @11:30PM
(#19657436)
You seem like you're more aware of the outcomes of the purchase so I will acquiesce to you, but $1 billion for Tumblr doesn't strike me as particularly egregious. Maybe that's because culturally Tumblr punches above its weight? I don't know.
I would like to see your justification for this. Because Yahoo paid 1.1 billion dollars for it and they wrote down pretty much all of the value within a few years. It looks especially bad when compared with Facebook buying Instagram around the same time for about the same price.