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05-20-2013, 10:43 AM
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#26 | | Head Moderator
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Yahoo. 
Haven't used Yahoo in probably close to eight years.
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05-20-2013, 11:18 AM
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#27 | | My dinner reheated before my turbo spooled
Join Date: Jan 2008 Location: Vancouver
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how is yahoo still alive and how they so rich? haha
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05-20-2013, 12:00 PM
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#28 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
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| Quote: Yahoo! 'Really' Only Paid $262 Million For Tumblr
A lot of shouting and hyper-ventilating about Yahoo YHOO +0.58%!’s (YHOO) purchase of Tumblr today.
Most of the grouches are saying something like: “$1.1 billion? for a company that only had $13 million in revenues last year? Ha ha ha.”
But the key part of the Yahoo conference call this morning was when CFO Ken Goldman said Alibaba had redeemed Yahoo!’s preferred shares recently.
Most Yahoo! investors – let alone the casual public – knew that Yahoo! was holding $838 million worth of preferred shares in Alibaba Group since last September when they loaned the money to Alibaba to help them buyback the first tranche of Yahoo!’s stake in Alibaba Group getting Alibaba on a path to an IPO that should come in the second half of this year.
These pref shares have now been paid back to Yahoo! from Alibaba, per Goldman’s comments this morning. That’s in addition to the $5.6 billion in cash Yahoo! already had on its balance sheet.
I would argue that Yahoo!’s cash is being valued at zero today by Yahoo! investors — just like Apple AAPL +2.63%‘s (AAPL) cash is. But the pref shares were basically being ignored. It was an invisible asset. [Some via Twitter have disputed this assertion, telling me these Alibaba pref shares were well known on the Street. I disagree. I haven't seen anyone make mention today of the pref share redemption.]
So, in the last few weeks, Yahoo! got an additional $838 million in cash (post taxes since it was a loan) which investors weren’t even valuing to begin with. Now it’s used that cash, plus an addition $262 million of its own cash to buy Tumblr.
I would say paying a net cash amount $262 million for owning Tumblr is a fabulous deal.
Yahoo! now has 300 million Tumblr users – many of them on mobile – with 138 million uniques. They’re on track to do $100 million in revenues this year. With Yahoo!’s help, in 2014, isn’t reasonable to expect they can do $500 million?
And they’ll keep growing from there.
Tumblr is growing like a weed. Whether you use it or not, it matters.
YouTube looked expensive to hard-nosed critics back in 2005 who thought it was folly for Google GOOG +0% (GOOG) to spend $1.6 billion on a property that was expensive to run and generating no revenue.
Today, YouTube is on track to generate $4 billion in revenues this year and $800 million in operating income.
Instagram, YouTube, Twitter, and Pinterest are not – repeat NOT – GeoCities.
In my view, Yahoo! bought Tumblr at a good price for “net cash” of $262 million.
[Of course, Yahoo! wrote a check for $1.1 billion for Tumblr. Some are angry that I'm trying to suggest it was less. Of course, they wrote that big check. Others might argue they could have used that $1.1 billion better to do a special dividend, buy back more shares, on another acquisition, or simply keeping it. From my perspective, I like this use of the cash -- especially given, in my opinion, Yahoo wasn't getting much credit for its existing $5.6 billion in cash, let alone the additional $838 million from the pref shares.]
| Yahoo! 'Really' Only Paid $262 Million For Tumblr - Forbes
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic  Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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05-20-2013, 12:06 PM
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#29 | | I Will not Admit my Addiction to RS
Join Date: Jan 2013 Location: Calgary, AB
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oh god my feels
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05-20-2013, 03:13 PM
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#30 | | I Will not Admit my Addiction to RS
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All hail our yahoo overlords.
Flickr's new redesign is a great step forward, and the 1tb storage is even better.
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05-20-2013, 05:17 PM
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#31 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Dec 2009 Location: Vancouver
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I only go on Yahoo for its ask & answer section
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05-20-2013, 07:30 PM
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#32 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Aug 2012 Location: Vancouver
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All this does is make room for another startup.
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07-19-2013, 10:52 AM
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#33 | | I don't get it
Join Date: Feb 2013 Location: Burnaby
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07-19-2013, 11:06 AM
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#34 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
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| Quote:
Originally Posted by Windstar I only go on Yahoo for its ask & answer section | And even that is just because they pop up in google when you make a search that reads like a question. Quote:
Originally Posted by BurnoutBinLaden | For sure! No one wants to be associated with naked ladies unless they are paying them in a hotel room.
I would say that after the deal, either one of two things happened: 1) their advertisers said, "and we're done" or 2) they looked closer at what they bought once it was delivered and said, "oh good god, that's a lot of depraved people out there"
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07-19-2013, 01:38 PM
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#35 | | ...in the world.
Join Date: Oct 2001 Location: Richmond
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Yahoo continues to buy cool startups and then strip them of all their cool.
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07-19-2013, 02:45 PM
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#36 | | The Lone Wanderator
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"We want to make sure children can use the site."
Amusingly enough, you're now removing probably more than half of the reason they were coming before.
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07-19-2013, 02:51 PM
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#37 | | The Lone Wanderator
Join Date: Mar 2001 Location: Burnaby
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And as a sidenote, their line is "We want to make sure people don't have to see what they don't want to." Something that sweeping and broad is stupid, because pretty much anyone with even a modicum of internet-sensibility would know that if that were true, there could be an 'opt-in' for nsfw/adult. Does the person claim to be over the age of majority? Then enable a button that says 'I wish to be able to view and search NSFW blogs and tags' and 'I wish to be able to view and search for Adult blogs and tags'.
We'll see if competition shows up. Could be interesting.
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07-19-2013, 04:23 PM
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#38 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
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so, just to make sure we're clear...geocities 2.0
Self made websites that they just hack to shit as part of the Yapoo! empire.
Fix your shitty e-mail yahoo! I'm tired of sending links of animal porn to friends and family.
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07-19-2013, 09:12 PM
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#39 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: Shanghai
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fuck me. my blog is based on tumblr 
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07-19-2013, 11:17 PM
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#40 | | ...in the world.
Join Date: Oct 2001 Location: Richmond
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Let's all pool our money and buy Tumblr when Yahoo eventually sells it because they've ruined it. Just return it to normal, bring back the porn, put up some ads, profit.
Fucking Yahoo doesn't know how to do business anymore. Buy shit that works, monetize it and call it a day. And who wants family friendly anything anymore? Have you been on the fucking Internet lately? This place is international waters.
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07-20-2013, 01:16 AM
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#41 | | RS has made me the bitter person i am today!
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Originally Posted by J____ fuck me. my blog is based on tumblr | I would move my blog elsewhere reguardless if it has been affected by Yahoo's changes. Not only because moves like this will lead to tumblr's demise, but to protest for those who are being silenced by internet puritans who seem to have mythical advertising clout.
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07-20-2013, 02:01 PM
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#42 | | The Lone Wanderator
Join Date: Mar 2001 Location: Burnaby
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Tumblr (without announcing, as always) has rolled back the 'adult' tag, and updated their NSFW information: Adult Content | Tumblr Quote: Is adult-oriented content allowed on Tumblr?
Yes, but there are a few things we need you to consider. Tumblr welcomes and encourages all forms of expression, but we have to be sensitive to the millions of readers and bloggers from different locations, cultures, and backgrounds with different points of view concerning mature or adult-oriented content. There are a lot of people in our community who would rather not see this stuff and could even get in trouble if they did.
For a refresher, please review our Terms of Service and Community Guidelines.
What should I do if I don't want to see adult-oriented content?
By enabling Safe Mode in your Dashboard Settings, Tumblr will do its best not to show you content from NSFW (not safe for work) blogs that you aren't already following.
What should I do if my blog contains adult-oriented content?
If your blog contains nudity, mature or adult-oriented content, please respect the choices of the people in our community and flag your blog NSFW from your Settings page.
Blogs can also be flagged by Tumblr if they fall into this category.
What happens to blogs that are flagged NSFW?
Blogs will not appear in Tumblr's search and discovery features for logged-out users
Blogs will not appear in Tumblr's search and discovery features for logged-in users browsing in Safe Mode
Blogs will only appear in Tumblr's mobile search and discovery features for users who are already following you
I think my blog was flagged by mistake, who can I contact?
If you think your blog was inappropriately flagged, or if you removed the adult-oriented content and want to be unflagged, send an email with the following information to our Trust & Safety team. Please be sure to include:
The email address you used to register your account
The URL of the blog you're asking about
A detailed explanation of why you think the blog was mistakenly flagged or should otherwise be unflagged
| 'Adult' no longer exists, and NSFW is as it was before. NSFW can be search-engine indexed again and can be searched for as long as you're logged in.
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