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See also: Tumblr losing Yahoo/Verizon nearly a Billion dollars with it's own implosion.

• IgorPartola 4y ago
  Oh come now. Tumblr didn’t fail due to engineers sabotaging it. It failed because the new owners decided that they were too squeamish for porn and it turned out that porn was what sustained Tumblr. This was Yahoo simply not understanding what the product actually was.
  • giantrobot 4y ago
    > This was Yahoo simply not understanding what the product actually was. This is Yahoo's core competency though: not understanding what their product actually is.
  • Spivak 4y ago
    I mean there is still not porn on Tumblr and Automattic has been a good steward of it. Verizon lost a billion dollars because they bet on a growth play for a mature social network where their new owners are running it like a lifestyle business.
    • IgorPartola 4y ago
      I would argue that when Yahoo decided to remove all the porn off Tumblr that it caused a major brain drain that took a long time to recover. It also soured the relationship between bloggers and Yahoo. There was no way for the same entity to pull out of that nose dive but a bit of time and new ownership helped pivot Tumblr to a slightly different crowd.