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by pkmehta
4781 days ago
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Exactly. What makes it worse is that Tumblr has lots of soft core porn and other unsavory content which brand advertisers don't want to touch with a 10 foot pole. Plus, the P/S of 10x looks pulled out of ye' olde arse. Google's trailing P/S is 5.6x and Yahoo's is similar. AOL is 1.31x. What media company that might be a "comp" trades for 10x. |
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Huffington Post, a media company, was purchased by AOL for $315M @ $30M rev. That's 10x. Stop trolling.