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Imgur And Yahoo Acquisition Talks - Business Insider - http://www.businessinsider.com/imgur-a...
“Imgur is now based in San Francisco, where 10 people work for the company. It's not a huge business, but does generate some revenue through ads, memberships, and a new product its testing: sponsored images. Imgur also sells image-hosting capacity to other companies. One of its clients is Yahoo. ¶ We don't know how much Yahoo wants to pay for Imgur. ¶ Schaaf hasn't taken any venture capital, so he doesn't need to hold out for an Instagram-sized offer to make as much money as Instagram CEO Kevin Systrom or Tumblr CEO David Karp made selling their venture-backed startups for ~$1 billion each”. - × × ×
“Acquisition talks fall apart all the time, and so could discussions between Imgur and Yahoo. It's unclear if Imgur wants to sell. Schaaf hasn't been looking for an exit. Before Yahoo came calling, Imgur hadn't even hired an investment bank.” - × × ×