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Slices | May 20, 2013

Yahoo Is Buying Tumblr for a Billion Dollars

According to multiple reports, Yahoo will buy social blogging platform Tumblr for $1.1 billion in cash. As CNBC points out, Yahoo has a reputation for making high-dollar acquisitions ($35 million for Flickr, $3.6 billion for GeoCities, $5.7 billion for Broadcast.com) and then allowing the sites to fade from prominence. Even though Tumblr, which is owned by its 26-year-old founder David Karp, has a large user-base, it still isn’t a very profitable enterprise and has struggled to make much money from advertising. Many tech analysts and those familiar with the platform see the move as a major gamble for Yahoo: Best-case scenario, Yahoo improves on a simple, clean, blogging experience; worst-case scenario, they just paid a billion dollars for a lot of funny cat GIFs … Discuss

 

Slices | April 29, 2013

Mark Zuckerberg’s New Salary: $1 a Year

Facebook founder and CEO Mark Zuckerberg has joined the so-called “$1 salary club." This year the tech mogul will receive no bonuses and a salary of just a buck, joining the likes of Google co-founders Larry Page and Sergey Brin, Oracle's Larry Ellison, Zynga's Mark Pincus, Urban Outfitters' Richard Hayne, Fossil's Kosta Kartsotis and a handful of others, according to Mashable. Even Steve Jobs took a $1 salary when he returned to Apple in 1998. Don’t feel too bad for Zuckerberg (or the other CEOs) though—he’s still worth more than $2 billion. Zuck (like the others) makes all of his money in stock options. Though the $1 salary trend started as a publicity stunt, business experts say it is a way for businesses to not only save money, but also make sure executives always have an incentive to make their companies more valuable … Discuss

 

October 22, 2012

The Mark of a True Leader

By Mel Lawrenz

Why leadership is less about being front and center and more about scouting new horizons. Read More
 

October 17, 2012

5 Things I Wish I’d Known About ...

We asked five successful visionaries what they wished they’d known about chasing their dreams.

Think you’ve got a great idea? Tough news: So does everyone else. What makes an idea actually great is what you do with it. So we rounded up five successful visionaries and asked them to share the things they wish they’d known when they were just starting out. Want to get your dream job going? Learn from their mistakes. Read More

 

October 10, 2012

5 Things Every Entrepreneur Needs to Know

By Eugene Cho

Eugene Cho on what it takes to turn a vision into a reality. Read More
 

October 1, 2012

Not-Only-For-Profit

By Dan Miller

Dan Miller on why business can be a high calling for world change. Read More