What would have happened to Tumblr without Yahoo? Trouble

While Tumblr’s sale to Yahoo back in May was generally acknowledged as a needed influx of cash for the company that was struggled to make money through advertising, new documents reveal just how much cash Tumblr had.

What Tumblr’s sale means for New York startup ecosystem

The New York startup ecosystem will get a big boost from the $1.1 billion sale of Tumblr to Yahoo. The exit, one of the biggest New York has seen, shows that with content becoming important, New York is finding its footing on the startup stage.