Tumblr, in many ways, is a visible manifestation of this new New York, one where startups combine technology with content (one of New York’s core industries) for a new world.
There’s content and then there’s the power of distribution.
Now that it’s become a city of great storytelling, it’s now time for New York to make a huge push on the latter: technology.
Where is Yahoo turning its attention to now? AllThingsDreportsthatMarissa Mayeris eyeing Tumblrwith hopes to land some sort of deal, be it an acquisition or a percentage stake.
Not surprising. Tumblr is a hot property for teens. Karp is still hesitant to fully monetize the platform to avoid ruining the experience.