Comment on Tumblr May Reject Yahoo’s $1.1B Acquisition Offer For Being “Too Low”Comments−rorrr213yTumblr's revenue in 2012 was $13M and negative profits (they are actually losing money).They "expect" $100M revenue and $60M profits in 2013.Even if their expectations work, whoever offered them $1.1B is a complete idiot.
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Tumblr's revenue in 2012 was $13M and negative profits (they are actually losing money).
They "expect" $100M revenue and $60M profits in 2013.
Even if their expectations work, whoever offered them $1.1B is a complete idiot.