This Week In Social Commerce --- May 23, 2013
While everyone is talking about Tumblr's acquisition as a one-man show at $1.1 billion, Yahoo! paid $3.5 billion for Geocities back in 1999 with only 19 million uniques compared to Tumblr's 300 million uniques, so, in some sense, Tumblr is a good deal. While this latest acquisition seems like a big one, it's also symbolic of what internet traffic is worth now in scale and shows that social blogging networks are not just traffic platforms, but strategic internet real estate. Tumblr, where anyone can blog and share others' blogs, has also become mainstream, so is everyone blogging now? Is that the future of consumerism?
While everyone is talking about Tumblr’s acquisition as a one-man show at $1.1 billion, Yahoo! paid $3.5 billion for Geocities back in 1999 with only 19 million uniques compared to Tumblr’s 300 million uniques, so, in some sense, Tumblr is a good deal. While this latest acquisition seems like a big one, it’s also symbolic of what internet traffic is worth now in scale and shows that social blogging networks are not just traffic platforms, but strategic internet real estate.
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