Just because Tumblr is an established platform with a lot of users doesn't make it worth one billion dollars. Who are they kidding? Yahoo! is offering them more money than the service which will be a nightmare to correctly monetise is worth.
Considering Tumblr is a waste dump of animated GIF's and memes it's only a matter of time before something new and hip comes along and Tumblr becomes another Geocities.
Remember Geocities? Yahoo! paid 4.6 billion for it back in 1998 and then it lagged behind and got shut down. 4.6 billion down the drain, Tumblr will be the next Geocities and the novelty of a free blogging platform all the hipsters used to use before something cooler and new came along will wear off like Myspace when Facebook took off.
Considering Tumblr is a waste dump of animated GIF's and memes it's only a matter of time before something new and hip comes along and Tumblr becomes another Geocities.
Remember Geocities? Yahoo! paid 4.6 billion for it back in 1998 and then it lagged behind and got shut down. 4.6 billion down the drain, Tumblr will be the next Geocities and the novelty of a free blogging platform all the hipsters used to use before something cooler and new came along will wear off like Myspace when Facebook took off.