Quote from noob_trad3r:
Terrible investment. 1,100 million dollars for a company with 13 million revenue. But out of that 13 million how much was actual net profit if any?
Dividend payment would have been better.
Quote from peilthetraveler:
The hilarity of some of you guys.
Yahoo has generated 10s of billions dollars in net profit over the years. How much have you guys generated?
Tumblr has 300 million unique visitors per month.
A Major newspaper 10 years ago with a circulation of 100k to 250k sold for $20 million. There is alot of power having 300 million eyes on you.
If FB is worth $60 billion with 900 million users. Why does Tumblr seem like such a bad deal having 1/3rd the users, but costing 1/60th the price? Do you really think yahoo would spend 1 billion on a company with only 13 million in profit if they didnt have a plan to make money on the back end?
Quote from hajimow:
When you are a CEO or a top guy in a company and come to work at 11AM and leave 2PM and go to a bar and talk about future direction of technology and get 300 million a year as salary and compensation, money loses its value to you. You come to a belief that a gallon of milk costs $2500, a house 45 million, .... and then you screw up the company's money by buying Tumblr. If you do bad, you will be compared with HP's CEO who screwed up 11 Billion so you are still 10 times better .
Quote from DT-waw:
the price of everything in this world is going towards zero.
too many people willing to work for nothing or very little.
technology which makes everything dirty cheap.
well, except London, Monte Carlo and Manhattan real estate:
hype strong deflationary force!
this is PRECISELY why Fed +ECB are printing like crazy to PREVENT 90% deflation and save the monetary system!