Monday, May 20, 2013

Tumblr cashes out with $1.1 billion from Yahoo!







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.