Tumblr is worth less than 3 million? Damn that’s peanuts. Though bankrolling any turnaround will likely be much costlier for automattic.
This is like developing world navies buying used aircraft carriers just before they’re scrapped and refurbishing/modernizing.
Conversation
Replying to
The liabilities that they inherited by dealing with the copyright directive in EU is going to be quite expensive.
2
Replying to
$3m is the equivalent of "one U.S. dollar" in this context.
1
Replying to
What’s crazy to me is that they’re keeping the porn ban, which is what GOT tumblr to this point in the first place and will probably severely hamper any attempt at a turnaround. Remember that Yahoo paid _$1.1bn_ back in the day!
1
Replying to
"Ughh, can't we all just go work for Automattic?" said a faint voice from the pit of despair.
1
Replying to
Tumblr has engaged user base, Automattic has proven business models. Combine these together, and it can be huge.
1





