[Cryode]

I'm with you - the perceived values of websites/businesses like this are astounding. Somehow founders and VCs walk away with a bunch of money after acquisitions, but what's Yahoo going to do? Seems like a large sum for an acqui-hire.

Then again I'm a giant noob when it comes to startups, funding and acquisitions. Regardless, the numbers are out of this world.

[ghshephard]

Absolutely NOT an acqui-hire. $13mm in 2012 revenue, more than doubling in 2013... "In November it shouldered its way into the top ten online destinations, edging out Microsoft’s Bing and drawing nearly 170 million visitors to its galaxy of user-created pages, according to the measurement firm Quantcast. Tumblr’s tens of millions of registered users create 120,000 new blogs every day, for a total of 86 million and counting, which drive some 18 billion page views per month."

http://www.forbes.com/sites/jeffbercovici/2013/01/02/tumblr-...