The Facebook/Instagram deal at least made SOME sense, because Instagram was threatening FB's photo sharing bread and butter.
That's absolutely true—Tumblr put itself in this unflattering position by rolling its eyes at the silly notion of turning a profit. This is what happens when you don't care about money, and you are a business.
History is not on its side, for sure.
It's (Mostly) Official: Yahoo Buying Tumblr Youth Serum for $1.1B
Cash! The WSJ says "the Yahoo board has approved a deal" to make this happen, and it's hard to imagine Tumblr turning this down. One of the most unpopular
Super-local news isn't paying what they thought it would, and Patch continues to implode. Today is a bloodletting day.
Do you still have the emails?
