So, tumblr sold for the price of a mid-size California home....
Probably the same reason why Yahoo used to be worth that much. It still is funny and sad at the same time how Microsoft wanted to buy Yahoo! back in 2008 for about $45B, which Yahoo rejected for being too low. Fast forward 9 years and Yahoo gets sold for literally a tenth of that price. Verizon is dismantling the company, I'm sure that whatever they sold Flickr at to SmugMug was substantially less than what Yahoo paid for it.Why was it worth that much?
WOMEN IN TECHTumblr was Yahoo’s largest acquisition at the time, as then-CEO Marissa Mayer “promise[d] not to screw it up”
Yeah, and unlike these guys, McMahon might actually make his money back on it someday.Damn 3 million, I think that's around what Vince McMahon paid to buy the tape library and other rights from the corpse of WCW
They've confirmed porn won't be coming back. Open sourcing the code kind of like what happened with LiveJournal or Wordpress so Tumblr fans can run a site similar to it is the closest thing to the porn ban being lifted at this point.Bets on porn being permitted again?
That's $15k per staffer. The company wasn't even worth enough money as a year of poverty level wages to the danger hairs running it. And that's before they take out the value of the hardware, software, and whatever IP they own.As part of the deal, the company will take on 200 Tumblr staffers.
It's scary tumblr users moved from a small insular community to a platform where they can actually interact with creators and politicians. A few years ago I always thought Tumblr dying would be best for society, and the stragglers would spread out or drive to even more insular communities a la Resetera. Tumblr users moving to Twitter is basically the worst outcome.It proved that the containment board theory does in fact work, as Twitter became overrun with the same brand of pronoun furries looking to clout farm from callout posts.