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What about Tumblr ? Is that thing still on? was it worth the bazillion dollars they spent on the aquisition. Also a long time ago, Yahoo made Mark Cuban a bill
by manishsharan 11y ago
What about Tumblr ? Is that thing still on? was it worth the bazillion dollars they spent on the aquisition.
Also a long time ago, Yahoo made Mark Cuban a billionaire. What happened to the technology they acquired from his company?
- thrownaway2424 11y agoHaha are you kidding? This game isn't about doing useful things or creating useful, long-lived products. This game is about worshipping people like Mark Cuban and Sam Altman who put a lot of money in their pockets while doing nothing of value. I mean seriously have you used Bebo lately? Do you know how much money the founders of Bebo punched out with?
- oh_sigh 11y agoNotoriously bad deal(great for Mr Cuban though). Yahoo paid something along the lines of $10k per user of broadcast.com
- adventured 11y agoTumblr remains a top 50 US site, so yeah it's still on. Was it worth it? I don't see any meaningful competitors to them. Nobody has come along to knock them off. The $1.1 billion price was obviously steep for a blog service. So long as the traffic remains, they have some shot at turning it into a sustainable business. It's realistically worth 10% to 20% of what they paid for it though.
- Crito 11y agoTumblr has a problem of demographics which makes it difficult for Yahoo to make money off of it. A very large segment of their users are teenagers, and another large segment do little other than post pornography.
- GFK_of_xmaspast 11y agoTeens are great to market to because they can get money out of their parents.
- Crito 11y agoMuch easier to get money out of people who can get money from themselves. Ad impressions from adults are worth more than ad impressions from teenagers.
- rokhayakebe 11y agoTeenagers do spend money. Loads of it.
- shroudatlan 11y agoI do not work there, but have applied to try to be on their development team. They seem to be ramping up their workforce, trying to find a way to make some more money off the product as a whole. Pretty similar to other social media sites it seems.
- telotortium 11y agoBroadcast.com is literally a redirect to Yahoo.com -- there's not even a notice telling former users that it was shut down.