David Karp signed off on his official Yahoo!-tumblr buyout letter with “Fuck yeah, David”. Excellent.
Why do corporations feel the need to buy out every fucking thing. Are they not happy enough with 80 million dollars a year…they just want more and more and more.
Because people are willing to sell.
There are only a few revenue streams and there are even fewer exit strategies for start-ups. Building a product that’s targeted at an established company with the hopes that they will take notice and offer you a buy out is an entrepreneur’s dream.
David Karp, who’s already wroth $200+ million, is going to triple that with the stroke of a pen on Monday. He can retire at the age of 26, if he wanted to (probably doesn’t want to.)
Seems like a great thing that giant corporations are willing to buy out start-ups.
You guys remember that time that we almost stopped Kony while giving the government carte blanche to invade the entire continent of Africa and kill people? Man, we’re so good at saving the planet, you guys!
Rand Paul’s been quoting from all sorts of publications and mediums but I won’t be convinced he’s a man of the people until he quotes a tumblr politics post.