Everyone, I’m elated to tell you that Tumblr will be joining Yahoo.
Before touching on how awesome this is, let me try to allay any concerns: We’re not turning purple. Our headquarters isn’t moving. Our team isn’t changing. Our roadmap isn’t changing. And our mission – to empower creators to…
Though, I won’t lie, I would have been very interested to see what would have happened if he had just let the company go bankrupt when the cash ran out in a few months. Has a service this used/visited ever suddenly just stopped?
I get that Tumblr on it’s best year operated at a -$87m loss. But I don’t have great faith in Yahoo’s ability to monetize without driving away users.
Have fun with the $250m though David.