The author of this story later said that the price was $3 million but the story hasn't been updated. In any case, lol

In other words, Tumblr was sold for about 2% of what Verizon paid for it. They took a loss of $1.08 billion dollars. We live in a meritocracy.

Comments

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voxpoplar wrote on August 13, 2019 at 7:30 AM

porn officially worth $1,097,000,000

Moonside wrote on August 13, 2019 at 11:39 AM

I mean, let's not discount the corporate mismanagement prior to pornban, though it certainly was an unique masterstroke.

hollyhoppet wrote on August 13, 2019 at 5:58 AM

wordpress is where blogging platforms go to die

neku OP wrote on August 13, 2019 at 6:56 AM

tumblr is basically on life support at this point

what has wordpress done that makes you say that though? i've never really used it

hollyhoppet wrote on August 14, 2019 at 4:46 PM

it was just a bad take on how wordpress isn't that popular

Moonside wrote on August 13, 2019 at 5:58 AM

I'm just somewhat worried I lose all my content now since its worth to the company must be about 0.000001$. I mean, on lots of blogs you can't even access tags anymore.