Verizon is selling Tumblr to WordPress’ owner - GoFuckYourself.com

Paul&John · 08-13-2019, 12:37 AM

Verizon has agreed to sell Tumblr to WordPress owner Automattic Inc. for an undisclosed amount, The Wall Street Journal reports.

Verizon, which first acquired Tumblr in 2017 after it purchased Yahoo, started to explore a sale earlier this year. Automattic reportedly bought Tumblr for less than $3 million, according to Axios, a stunning drop in value from the $1.1 billion Yahoo paid for it in 2013.

https://www.theverge.com/2019/8/12/2...-adult-content

Klen · 08-13-2019, 12:48 AM

This is what happen when you praise value on user numbers instead revenue/quality values.

Diomed · 08-13-2019, 01:49 AM

Quote:

Originally Posted by KlenTelaris

This is what happen when you praise value on user numbers instead revenue/quality values.

Isn't that everything though?

Amazon parlayed a nothing burger for years until they actually had something amazing.

notinmybackyard · 08-13-2019, 04:20 AM

There's not a one damn website on the Internet (including facebook) with a legitimate value of more than a million bucks.

Quote:

Originally Posted by Diomed

Isn't that everything though?

Amazon parlayed a nothing burger for years until they actually had something amazing.

Amazon actually deals with REAL physical products. Whereas this virtual shit is virtually worthless.

freecartoonporn · 08-13-2019, 06:01 AM

Quote:

Originally Posted by Paul&John

Verizon has agreed to sell Tumblr to WordPress owner Automattic Inc. for an undisclosed amount, The Wall Street Journal reports.

Verizon, which first acquired Tumblr in 2017 after it purchased Yahoo, started to explore a sale earlier this year. Automattic reportedly bought Tumblr for less than $3 million, according to Axios, a stunning drop in value from the $1.1 billion Yahoo paid for it in 2013.

https://www.theverge.com/2019/8/12/2...-adult-content

wtf, less than $3 million, i could have bought it. if i had that much $$$

why didnt pornhub buy it and made adult only.

celandina · 08-13-2019, 06:51 AM

Quote:

Originally Posted by KlenTelaris

This is what happen when you praise value on user numbers instead revenue/quality values.

Whether it is internet based companies, tubes, streaming services et al, it is heading to the 1999 dot com bubble burst 2.0. You cannot make a living selling smoke and mirrors over and over or snake oil.

brassmonkey · 08-13-2019, 07:36 AM

they killed the site! they made it where adult pages will not load. twitter knew better not to do that

yuu.design · 08-13-2019, 08:31 AM

3millions ? is super cheap :S

Paul&John · 08-13-2019, 10:58 AM

Quote:

Originally Posted by freecartoonporn

wtf, less than $3 million, i could have bought it. if i had that much $$$

why didnt pornhub buy it and made adult only.

They wanted back in May.. "the only bidder to publicly express interest so far has been Pornhub."

brassmonkey · 08-13-2019, 11:15 AM

Quote:

Originally Posted by freecartoonporn

wtf, less than $3 million, i could have bought it. if i had that much $$$

why didnt pornhub buy it and made adult only.

cause its worthless! they didnt want to deal with the spam. they own smut.com it was spammed to hell

08-13-2019, 12:37 AM	#1
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08-13-2019, 08:31 AM	#8
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08-13-2019, 12:48 AM	#2
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	This is what happen when you praise value on user numbers instead revenue/quality values.