Verizon is selling Tumblr to WordPress’ owner
 

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

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.

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

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

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

why didnt pornhub buy it and made adult only.

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.:2 cents:

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

3millions ? is super cheap :S

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

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