Burn it down

"In choosing to sell the company and hand Tumblr over to a professional management team with a track..."

Mon, 20 May 2013 01:01:01 +0200

“In choosing to sell the company and hand Tumblr over to a professional management team with a track record for monetization through media properties, the board is implying that they do not feel putting more money into the company would enable the management team to achieve a better outcome in a reasonable amount of time. Investors who participated at the $800M valuation are probably welcoming the prospect of a $1.1B exit in cash – assuming some liquidation preferences were put in place they’ll get their customary 2x-3x late stage return, and the deal won’t negatively impact their respective fund’s overall IRR. Selling now may also allow David Karp to remain in a leadership position at Yahoo! where he can continue his work to revolutionize advertising – maybe even leading Yahoo! to a more competitive position vs. Google for brand advertising and giving them a reason to drop the underperforming partnership with Microsoft in the long term. And if things don’t work out with Karp Yahoo! doesn’t seem to have any problem firing acquired founders who no longer fit with the company’s plans. In the end Tumblr won’t see a bigger exit because they didn’t prove they could monetize their massive traffic before time (and money) ran out.”

- The $3B Exit Tumblr Could Have Had | Danielle Morrill (via elvira)

jonnovstheinternet: Snow White, Sleeping Beauty and Cinderella...

Mon, 20 May 2013 00:52:25 +0200

Snow White Robbery — at Tranebergsbron, Kristineberg, Stockholm.

Sleeping Beauty under the Bridge

Cinderella — at Tvärbanebron, Minneberg, Stockholm.

jonnovstheinternet:

Snow White, Sleeping Beauty and Cinderella by Herr Nilsson in Stockholm, Sweden.

ifyoucarryonthisway: i need a job where i work one hour a week and i get paid a thousand dollars a...

Sun, 19 May 2013 21:18:52 +0200

ifyoucarryonthisway:

i need a job where i work one hour a week and i get paid a thousand dollars a minute

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Sun, 19 May 2013 21:18:02 +0200

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Sun, 19 May 2013 21:16:16 +0200

iheartchaos: This sphinx looks like a sorority girl after a...

Sun, 19 May 2013 21:15:23 +0200

iheartchaos:

This sphinx looks like a sorority girl after a long night

ladyavenger: no matter how ugly you think you are, always remember—Hannibal could probably make an...

Sun, 19 May 2013 21:14:35 +0200

ladyavenger:

no matter how ugly you think you are, always remember—Hannibal could probably make an absolutely beautiful dish out of you.

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Sun, 19 May 2013 21:14:09 +0200

tavrosofnitram: “let me like that post so i can look at it again sometime!”

Sun, 19 May 2013 21:13:12 +0200

tavrosofnitram:

“let me like that post so i can look at it again sometime!”

Photo

Sun, 19 May 2013 21:12:58 +0200

whitedork: LCD Soundsystem - North American Scum

Sun, 19 May 2013 21:05:01 +0200

whitedork:

LCD Soundsystem - North American Scum

inakiotaola: “TENEMOS UN PROBLEMA VISUAL” we got a visual...

Sun, 19 May 2013 20:36:39 +0200

inakiotaola:

“TENEMOS UN PROBLEMA VISUAL”

we got a visual problem

whitedork: $1.1 Billion. You know that you would club a baby seal, give the new Pope hot anal...

Sun, 19 May 2013 20:36:16 +0200

whitedork:

$1.1 Billion.

You know that you would club a baby seal, give the new Pope hot anal lovin’, and teabag your grandmother for that much money.

Stop whining.

whitedork: Change your thoughts and you change your world.

Sun, 19 May 2013 20:36:06 +0200

whitedork:

Change your thoughts and you change your world.

yahoo has just bought tumblr

Sun, 19 May 2013 20:30:00 +0200

panic-its-brendon-urine:

percybeth:

DAVID KARP I WAS ROOTING FOR YOU WE WERE ALL ROOTING FOR YOU HOW DARE YOU

Our dad just gave us up for adoption

But guys it’s like an open adoption though. David got a 4 year deal to stay after acquisition. So, he will still be around for your graduation; maybe he will buy you a car.

apolloablaze: ah yes…. the smell of victory

Sun, 19 May 2013 20:25:13 +0200

apolloablaze:

ah yes…. the smell of victory

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Sun, 19 May 2013 20:22:00 +0200

Yahoo! Just Bought Tumblr for $1.1 Billion

Sun, 19 May 2013 20:04:00 +0200

Yahoo! Just Bought Tumblr for $1.1 Billion:

Update, Sunday 12:44 p.m.: AllThingsD’s Kara Swisher reports Yahoo!’s board approved the deal on Sunday. This thing is happening. Yahoo! has purchased Tumblr despite any last minute rumblings of distress. This is a developing story and we’ll update this post as we learn more.

http://Yahoo! Just Bought Tumblr for $1.1 Billion

Atlantic wire is reporting the acquisition of tumblr by yahoo has just been finished. Someone tell me this is a news outlet jumping the gun before the votes are all in…Although, I would be lying if I said I would turn down 1.1 billion dollars…. Update: Press conference Monday

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Sun, 19 May 2013 19:55:27 +0200

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Sun, 19 May 2013 19:54:50 +0200