banktech.asia/daniel mankani

Yahoo vows not to screw up! Buys Tumblr ! Yahoo is gonna break this promise…

Internet Analyst’s, Investors and including Reuters these days, seem to have short memories, When the bull run gets going, every lagging stock starts looking like a winner, with the recent news that Yahoo is acquiring tumblr, for a billion dollars valuation, What will become of tumblr is the same result of that of Geocities, for those who missed it, here is the wikipedia  story, http://en.wikipedia.org/wiki/GeoCities

The odds of success for yahoo here, is a far away probability. Yahoo will break this vow.

Reuters story,
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
http://www.reuters.com/article/2013/05/20/us-tumblr-yahoo-idUSBRE94I0C120130520