wow tumblr worth $1.1 billion? really? hmmm thank BUBBLE ben bernanke

[S2007S]

Took them 3 years to realize they overpaid when I said the same same day I heard the news that they over paid by $950,000,000+ bucks hahah


http://qz.com/608497/yahoo-just-admitted-it-badly-overpaid-for-tumblr/

 

[S2007S]

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?

Yahoo failed...they never found a way to make money on the back end of it.....doesn't matter how many "UNIQUE VISITORS " a site has...that's late 90s early 2000 talk.....unique visitors ha....

 

[RedDuke]

Guys, I assume most people know how these deals are made and how pay out is split.

 

[S2007S]

How could anyone not see how pathetic the purchase of tumblr was for Yahoo over 3 years ago....how could I see how much of a waste they were paying for such a worthless site yet the top executives at Yahoo thought this was the purchase of a lifetime...fools....I predicted this one perfectly.. Said tumblr was worth no more than $50 million and even that was an insane evaluation... Funny how quick these companies like yahoo go out and purchase companies they believe will be the best for their bottom line....when old school dot coms, media companies and tech companies buy these new social networking companies they are usually just throwing money away ....simple as that....


Yahoo 'screws it up,' writes down $482 million of Tumblr
July 18
NEW YORK


Marissa Mayer may be ending her tenure at Yahoo on a sour note.

Yahoo is writing down the value of its Tumblr acquisition by $482 million, citing lower projections for the social network's future performance, the company announced Monday.

This comes after Yahoo (YHOO, Tech30) took a $230 million similar writedown last quarter on its Tumblr buy.

http://money.cnn.com/2016/07/18/technology/yahoo-q2-earnings-tumblr/