In the same spirit as the crassly overpriced acquisition of Instagram by Facebook comes Yahoo's $1.1billion purchase of Tumblr - an organisation that took in $15m in advertising revenue last year.
So a valuation coming in at roughly 80 years worth of turnover. I'll give Melissa Meyer 12 months tops.
So a valuation coming in at roughly 80 years worth of turnover. I'll give Melissa Meyer 12 months tops.
Comment