Tumblr Yahoo! ➶

Dave Winer:

All this is to say that the promises execs make on acquisitions are meaningless. They own the thing, they will do what they want to with it. It doesn’t matter how many nice sounds Mayer makes on the deal. At the core she cares not one bit what the users of Tumblr think. She’s saying what she needs to say to make the deal happen. To avoid a PR crisis on Day One. To make the team at Tumblr feel like their work has value to the new owners. That somehow this acquisition isn’t actually an acquisition.

✶ Monday, 20 May 2013

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