After being rejected by Facebook seven years to buy its social network for $1 billion, Yahoo! patiently waited out it's next opportunity. Most patiently.
The next opportunity is called: Tumblr. Price: $1 billion, plus!
Reaction from the blog-sphere? It blew up with disappointment. WordPress registrations have soared. Yahoo! has promised not to "screw this up."
Think Billion$ wishes Yahoo CEO Marissa Mayer and her staff the best of luck with Tumblr.