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by pmarca 4692 days ago
OK, $10M Series A on $30M pre-money, 15% pool, standard preferred stock, offer expires Monday 5PM.
2 comments

Too late, Yahoo has already agreed to pay $50M and integrate with Tumblr.
Shortly after acquiring, however, they shut down the product and cancel all plans of integration. All previous employees become assimilated.
OK, we'll buy it back, $1M, the seller can keep 20% for schmuck insurance.
Not there yet, but work in progress. http://esberi.com