Yahoo’s board of directors has approved a $1.1 billion acquisition of blogging platform Tumblr, according to a breaking news alert from The Wall Street Journal.
The deal is reportedly an all-cash acquisition, according to WSJ, and Tumblr will maintain control of its operations.
Good. Tumblr belongs to it’s users.
Great googily moogily. Talk about nostalgia. Coming up on 4 years of nerdfighting for me this year…
Tumblr changed my life. It helped me find out who I am and what I’m passionate about. It allows me to let loose and appreciate the things I love un-apologetically. It encourages me to be aware the world around me while completely let me dive straight into Doctor Who gifs. I rage-quite games to my dashboard and come here for inspiration in the span of an hour. People spend their entire lives looking for a place where they can feel a bit of what Tumblr offers. And I’m not saying I want to spend every minute of every day scrolling through cat gifs and random quotes on my dash, but I can say that because of Tumblr and the communities it fosters (Hello Harto/Nerdfighters/Whovians/The Brain Scoop/Neil Gaimain responds, etc…), I am more confident and comfortable knowing who I am and what I want my life to be.
So thanks Tumblr. You rule.