Anyone that pays $1.1B for a company with $14M in revenue is either stupid, or they have a plan. You can either assume Marisa Meyer is stupid, and she is going to leave Tumblr alone, then have to take a massive write down in a few years, and get then fired. Or you can assume that she has some sort of vision for how to monetize Tumblr. Any promises made and statements to the press are simply irrelevant.
What is relevant is whether she can get the Tumblr employees on board with her monetization plan. David Karp doesn't seem like the kind of guy that can get on board with someone else's vision. I have a feeling he will be sidelined and then gone at the first available opportunity.
What is relevant is whether she can get the Tumblr employees on board with her monetization plan. David Karp doesn't seem like the kind of guy that can get on board with someone else's vision. I have a feeling he will be sidelined and then gone at the first available opportunity.