4 ms·
It was sold to Automattic by Verizon for only $3 million.. Deal of the century.
by loceng 4y ago
It was sold to Automattic by Verizon for only $3 million.. Deal of the century.
- metadat 4y agoHow would you convert the $3m Tumblr investment into a profit? Just ads? At this point the brand has been trashed and tarnished.
- nl 4y agoThere's a lot of love for the Tumblr brand out there and people love a redemption story.
- metadat 4y agoNo doubt, but my question remains: How would you help Tumblr lives it's best and most profitable life, to recoup the investment cost?
- lethoso 4y agoRoll back the restrictions & add some light advertising & premium junk like reddit's. They bought it for 3 million, they don't have to turn it into a giant for it to be a happy profitable business.
- nl 4y agoIt still gets a huge amount of traffic. It's not really a mystery how to make that work: Ads, premium memberships. No need to be particularly innovative on that front. Maybe do the NFT Avatar thing that Reddit is killing it with.
- Kye 4y agoThey could pass a hat around at the yearly company meetup to cover $3m. I don't think paying for it was a big consideration when they bought it.