David Karp, founder of Tumblr. |
Returning to the theme of acquisitions last year to the fearsome Facebook blew Instagram (not that much) Twitter. Dick Costolo, CEO of the popular microblogging platform, offered just 500 measly million dollars.Zuckerberg doubled. He put on the plate in a billion. Kevin Systrom, needless to say, he signed with his eyes closed.
At the time, the comments on the insane amount paid by Facebook abounded. A billion dollars were and remain objectively too. I wonder if, given the results decidedly unexciting , dear Mark do it again.
Marissa Mayer, however, today struck all the balls and literally shows its male counterparts. As a reminder, we are there too of Yahoo! and provides $ 1.1 billion in cash for Tumblr. Forget the news itself. Let's make another speech. What creative financing.
When someone will notice the disconnect between financial value and the actual value of these trinkets will jump all over again from the chair as in 2000. Just a shame that today is not 2000. We are much, much, much worse. Even subprime mortgages seemed like a genius. Swelled the financial prospects of the major American investment banks with dizzying numbers. At least on paper. Until someone SGAMO the catch. In 2006, the subprime have caused the onset of the worst financial crisis of all time.That, so to speak, where we happily reeling without seeing the light at the end of the tunnel.
But you know. Everything is all over the Web is always cool and everything nice. And then we toast to Tumblr. $ 1.1 billion. All so exciting.All so great. That looks like so much to the nth folly.
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