Yep, Yep and ummmm No.
Floyd you might have the first two, but the third? Really? You gotta where a hat that states that?
I don’t think the first two equals the 3rd.
So I am hearing, as I’m sure you have, that Tumblr got bought for $1.1B or 86% ROI ‘cause they took a $125M investment.
One of the reasons for the purchase I’m hearing in the media is to make Yahoo “cool” again.
Couple of things :
1) Buying stuff doesn’t and can’t make you “cool”. I assimilate this to the divorced overweight balding executive who buys the convertible slammed benzo on 22s, hoping to get noticed by women half his age.
2) You’re cool when you’re setting trends or doing something against the grain. In this case, Yahoo should concentrate on building something cool that solves a problem. Getting back to your hacking roots and build something cool.
The only thing “cool” about this acquisition is that David Karp will probably start his own angel fund that will fuel the building of more “cool” things.
Here’s my plea (which I’m sure won’t go very far) to Yahoo not to buy Tumblr. I just finished migrating to Tumblr from Posterous another blogging service that was bought by Twitter. Twitter shut it down. I don’t blog much… but when I do I use Tumblr! :) C’mon Yahoo…. go find something else to buy!