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Marissa Mayer's Next Big Acquisition Could Be Imgur, The Photo-Sharing Site Reddit Loves

This fall, Yahoo began serious talks to buy photo-sharing site Imgur, a source with first-hand knowledge of those discussions tells us.  —  Since she joined Yahoo in July 2012, CEO Marissa Mayer has acquired dozens of startups.

Business Insider Nicholas Carlson

Context & Ripple Effects

Business Insider reports — via a single first-hand source, so unconfirmed — that Yahoo opened serious talks this fall to buy Imgur, the image host whose audience sits inside Reddit's communities. The pickup was unusually broad for a sourced rumor: VentureBeat, Valleywag, TechSpot, WebProNews and Softpedia all ran versions the same week.

The report lands mid-sweep of a confirmed pattern: since Marissa Mayer took over in July 2012 she has bought dozens of startups, and two deals this month alone show what follows — the $6.5M Ptch acquisition, whose app shuts down within a month, and Evntlive, whose live-concert streaming service was discontinued right after purchase. That buy-then-close record, plus an active public debate over whether Mayer helps or hurts Yahoo, is exactly why an Imgur rumor draws scrutiny rather than applause.

First-order effects

  • If the talks end in a deal, Imgur — a property whose traffic is anchored in Reddit communities rather than Yahoo's own portals — becomes one of the largest consumer assets in Mayer's dozens-of-startups buying streak.
  • Imgur's community and contributors immediately face the integration risk Yahoo's December record makes concrete: Ptch's app closes within a month of acquisition and Evntlive's service was discontinued outright.

Second-order effects

  • Reddit's users treat Imgur as default infrastructure; a Yahoo-owned Imgur would push part of that audience toward rival image hosts, handing competitors an opening built purely on brand distrust.
  • Founders weighing Yahoo offers now have a documented shutdown trail to negotiate against, raising the effective price of any deal where the product itself is meant to survive.

Third-order effects

  • The accumulate-and-close model sharpens the structural question hanging over Yahoo: whether Mayer's strategy builds durable consumer destinations or merely harvests teams and traffic, the core of the ongoing help-or-hurt debate.
  • Community-driven media sites become the stress case for large incumbents buying social audiences — the asset being purchased is the community, and heavy-handed integration is what destroys it.

The trend: Yahoo under Mayer is testing whether a struggling portal can buy its way back into consumer relevance through community-driven media faster than its own acquisition-and-shutdown model alienates the audiences it pays for.