this post was submitted on 16 Apr 2024
769 points (99.0% liked)
tumblr
3294 readers
974 users here now
Welcome to /c/tumblr, a place for all your tumblr screenshots and news.
Our Rules:
-
Keep it civil. We're all people here. Be respectful to one another.
-
No sexism, racism, homophobia, transphobia or any other flavor of bigotry. I should not need to explain this one.
-
Must be tumblr related. This one is kind of a given.
-
Try not to repost anything posted within the past month. Beyond that, go for it. Not everyone is on every site all the time.
-
No unnecessary negativity. Just because you don't like a thing doesn't mean that you need to spend the entire comment section complaining about said thing. Just downvote and move on.
Sister Communities:
-
/c/[email protected] - Star Trek chat, memes and shitposts
-
/c/[email protected] - General memes
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yahoo is like the Robin Hood of M&A companies.
Take from the rich (themselves) and give to the poor (overvalued startups).
They have quite the history of throwing ridiculous sums of money at companies not at all worth what they paid and ending up with worthless acquisitions.
Literally one of the investors on Shark Tank is only massively rich because Yahoo made one of the worst acquisitions in history.
They regularly took huge sums of money and threw it around like a toddler with creamed carrots.
Are you implying that Automattic is an overvalued startup?
I was actually referring to Broadcast.com valued at $5.7 billion.
How are they still alive?