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Now -- apologies and is avoid swords I guess -- -- well come look for especially if it declines in -- one of the main users and means money.
-- Tom bush is yet to land on that cast -- in concept on its own Marissa Mayer.
-- hoping under -- umbrella it can and it will do so as soon as she must really see something because Yahoo! is paying more than one point one billion boats and -- For blogging site little more than six years old that is CEO David Carr -- -- -- when he's sixty result.
I hated when they're run by -- like kids that's society stay -- forgot what it says about this deal when you hear Vista is buying up Websense.
Which is worth over seven to two million bucks.
-- beginning we have that 99 BA's web deal days a little -- I am.
To NYSE trader that well let's -- they're -- the -- joins us he made his fortune selling his company blue lithium to Yahoo!.
For 300 million dollars and he has not had to work to -- since two -- -- -- very very -- com.
But when they don't do that then you see this here this -- -- -- you know Yahoo! not a great track record on making these things work when it at this time.
I think -- is a different structure she's obviously.
In it in building something for the long lunches and reinvigorate Yahoo! how.
I actually think it's a great transaction you -- I think that if you look at it.
You know you look at even YouTube and Google right when they did that you are really just threw up until my got a billion dollar for something that's only eighteen months old and now.
You know several years later investments that are its relationship with 700 million dollar in profit and four billion dollars in revenue for Google the -- -- that tells you why.
Silicon Valley if it picks the right winners.
And it chooses to invest in them.
The values there and I'm not saying I know that you know check this.
Where -- -- vote -- -- -- in our senator senator and events and not a hobby and did I know you were brilliant at that time climbing out.
Yeah well it's not him about that let me -- the markets changed -- -- -- where there are nuts right I mean because I've.
Some blizzard will what I learned about it is that it's you know hundred new users.
It is yet -- it -- Capitalize off -- I guess a good -- and have they spoken it's 900 -- users but it just seems like a few more possibilities.
What I know about Tumblr is is unfortunate and I can't imagine any merchant wind -- -- their product with some of the blog sites that are on Tumblr.
There are sites that involve cutting and suicidal tendencies and some very graphic.
But that's the nature Bondsman that -- when you're right everyone to the party you're not support but that and that may be the case however.
What product out there is will want to have that.
Connectivity to that to that -- -- -- theoretically robotics with him I understand that so and so -- yeah absolutely so -- fives are -- direct market to.
To -- the people on the site.
It's a tough run and then when you -- sites sites like geocities or MySpace where -- people that like their independence and their anonymity.
Suddenly being sold -- -- sold.
I don't know how well that's going to be taking that -- can part of it be taken until to the next level by Yahoo!.
Actually possibility but some of the some of the the the creation the actual essence aware -- number came from is a very frightening place whether the pros or cons of this I mean.
A lot of people like get -- back to dvd Internet boom or whatever calling it now is back on -- -- unheard of -- for these properties.
Is analogous to the late great ninety's and you know buckle up to enjoy the -- -- You so Tumblr thirteen million in revenue last year and gets through and asked for there are -- a hundred -- -- -- in revenue this year.
I -- -- money on the -- and I think that if if you look at what the the means of both of them combined to do so if you look at kind of what Tom was good that.
It's attracted you know ten of the top ten global brands -- -- top ten movie studios use it as a.
Melissa -- of those people like you with a brand behind your company and you didn't stick around -- that's because it is if I'm not an awesome opportunity that I guess it but you would -- real.
And well when you left is dead and Tumblr is of -- can I don't know if somebody like that these guys everywhere today in New York somewhere around -- -- so they can just -- they got their money -- -- -- I think it's some means of what you do with that so I think Marisa isn't taking that leadership -- -- -- valuable data.
You got brains thirty publishing and spending so much time your consumers and yeah you can say there's racy content so as FaceBook and guess what Facebook's new billion dollars on it -- Twitter I mean there's a lot of traffic there that's questionable to.
It's not the idea of just saying we're -- brought -- look at how it's.
Already been given his little word you're serious doubts whether it well I don't what about the larger point that a new boom zone.
Well I'm just waiting I've been looking for a market top for quite awhile -- a temporary top I think the major indices can can go higher.
However when we start to get into the area where we -- started did very much feels to me 1990.
I -- we've mentioned at the last summer we've chatted together this market is -- has some.
Tendencies and -- it's going back and that's -- -- like it was -- early 2000 but what clawing our way impacted an unequivocal and that when the central banks around the world are trying to -- assets -- the equity that they've marketed as exactly and that's gonna get that.
Where do you have a -- -- tech tech is more of our -- I'm in the valley so I've seen.
In terms of -- solid anybody back then I mean I had my first cup -- so I actually saw the trend of you have -- with a dot com name attached to you got funded.
You have to have substance you have to have traction you actually have to show millions.
Music Amazon -- -- on -- you also had a brain.
I've -- and talk to a lot of the kids on the part of that real still and I see there's not a failure when it and I mean no offense there's a -- complementing it.
I glad I talked to a lot of these kids and into the earth -- duo that was started.
And they were idiots are no offense -- read and I'm thinking you know that they would tell me and others -- zombie in O'Neal it's no longer price to earnings its price to potential price to promised we had.
And that was not even -- Stan how -- -- feel you say it's I'm waiting -- -- -- someone actually say the words it's different this time and I know we're at the top.
There's that is -- over the years I've been on the street for thirty years and when you hear someone say it's a shift in paradigm -- -- this time that you're you're seeing a market top.
You don't -- that I right now I think you may be seeing -- -- -- talk about FaceBook and how successful was the fact of the matter was successful it was not a great idea to buy FaceBook on its IPO.
It was a good idea few months later.
Correct but you had to endure at the same that OK when you start to see the concern you start to see these you're not -- I'm not you're not out of a seller now.
I mean I I think.
The opportunity of over to see the next twelve point for months if you look at the growth of mobile the growth of users revenues there I mean I talked to brands all day.
Rating was -- my third company sub and in this the third time around and the dollars are there I -- you're talking about an industry that's -- double digits billions of dollars being poured.
You know -- that's that's what people -- investing it's not -- I've been through that phase where people were all just chasing and throwing any investment NN dot com.
I don't feel that but do not value you don't stick around when these things don't you know what if the right -- -- the sticker on site -- that I think -- -- -- a great option for David and his team are a lot.
Yahoo! deserves credit again -- were the first ones take a shot at that FaceBook they made a bid for FaceBook so they think it.
Have they can look under the hood and see what's there but I -- -- -- -- Xoom early on and gynecologist questionable okay all right guys thank you were fair and balanced look at all this and it's it probably it's part of an apparent victim.
I didn't -- all right well.
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