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TUMBLR'S V.C. & EMPLOYEE CASH WINDFALL: "Big Boost to NYC Tech Ecosystem"
May. 2013 Tumblr Acquisition: PrivCo provides the ownership stakes and cash received by Tumblr's venture capital investor, founders & employees from Yahoo's $1.1 Billion acquisition. … Read More »
YAHOO! Ropes In TUMBLR For $1.1 Billion
May. 2013 Tumblr, the popular social media photo-blogging site, has been acquired by Yahoo for approximately $1.1 Billion in cash (85x Tumblr's 2012 revenues). … Read More »