Tumblr for Sale
The red hot news which is revolving around the media is the deal planned to set by David Karp, founder of Tumblr. The deal states Yahoo being interested in buying Tumblr for $1.1 billion! The amazement did not just end up here, it has also been rumored that Tumblr should be bought by Facebook instead of Yahoo for giving Karp a better deal.
Why should Tumblr take this step?
Tumblr was founded by David Karp in 2007, a social micro blogging forum where users are allowed to share and view different blogs of their interest. As the boom of social media carried a strong influence in this epoch, Tumblr also got in the shield of this influence and made out more than 75,000 users just within a time of two weeks! Yet ranking on 2nd position in the list of the webâ€™s social media networking platforms, perhaps Tumblr decided to make this deal with Yahoo an existing web giant.
Why not merging up with the topper?
Talking about the top ranker of the list, Facebook has still been the Guru of social media networking and ruling on the top. Analysts have concluded that if Facebook bids for a greater deal with Tumblr, this would result in a fairer deal for both the champs. Analysts say, if Yahoo acquires Tumblr for $1.1 billion, Facebook shall start the bid with $2 billion then.
The actual story so far
As far as popularity and money making is concerned, Facebook is no way in an interest to align Tumblr with itself as it has already made it with Instagram. Involving third social network will be a lame decision for Facebook and it would be spending money for insane. According to the latest updates and news, it is stated that Yahoo is buying Tumblr for $1.1 billion. This will help Yahoo to regain its lost glamour and perhaps make a step in social media involvement for even more profits.
Social media has conquered the world of enterprise to a great level and businesses are running fast after the social media marketing. VectraSoft also deals in Facebook apps development by which we provide a platform of better interaction for our clients with their customers. If you wish to use the charismatic tool of social media marketing for your business, request a quote for free now!