The unhappy demise of Tumblr: How the $1bn social community ended up promoting for lower than $3m 

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The sad demise of Tumblr: How the $1bn social network ended up selling for less than $3m 


Tright here was a time, a few years in the past, when Tumblr was one of the crucial thrilling locations on the web. These days are lengthy gone now with millennials flocking to extra thrilling communities resembling TikTok and Twitch.

However at its peak, the web running a blog service had 20bn month-to-month web page views. It was the go-to place to share photographs, graphics and snippets of textual content. Barack Obama and Girl Gaga had been eager customers and the positioning introduced in additional month-to-month net visitors than Wikipedia and Twitter.

It was such scorching property that Yahoo determined to purchase for $1.1bn (£910m) in 2013. At this time, nevertheless, web page views have fallen to simply 400m per 30 days and this week the positioning was introduced for lower than $3m by Wordpress proprietor Automattic -…

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