It’s all very much confirmed, but now Tumblr has to actually accept the $1.1 billion offer that Yahoo’s board has put forth to acquire said company. No doubt is it a gamble, considering that many of the companies that Yahoo! has acquired have been trashed, and Tumblr has a very solid, cool reputation of GIFs, blogs, and some weird stuff, all swirled around by a younger user-base that swears by the service.
If Yahoo! doesn’t know how to wield the “coolness”, they may very well shoot themselves in the foot, and bring down one of the internet’s most recognizable social networks. So far, public acceptance has been very low; Tumblr users have no interest in being part of Yahoo’s billion dollar experiment.