Marissa Mayer, Yahoo’s former chief executive of Yahoo had promised that she will not screw this property up. But then she proceeded to do just that. And spectacularly at that! Yahoo had bought it for $1.1 bn in 2013. Today it was sold to WordPress.com parent company for $3 million! Many modest homes in Silicon Valley cost more.
At its apex, Tumblr had more users than both Instagram, now estimated to be worth close to $200 billion to parent Facebook , and Pinterest , which has a market cap of nearly $18 billion. In 2013, Tumblr sold to Yahoo for $1.1 billion. On Monday, the parent company of WordPress.com bought it for a pittance. (Source: Tumblr and the End of the Eyeballs-Are-Everything Era – WSJ)
One of the reasons for its decline was that once a community of open and free content was wrecked by Verizon when it removed the adult content. In just the last year, the traffic fell by 40%!
One fails to understand how such utterly incompetent CEOs can even be considered “leaders”? How can they keep making money despite being abject failures?!
What started as fighting a dictator in Serbia with OTPOR movement, became a subversive framework. That is used for such movements across the world, including in India with CJP. Laughtivism and comedy is part of that. Sharing ways to battle it.
Details of the process of how a republic is dismantled long before anyone tries to overthrow it. Decoding the disturbing trend of vile abuse of elected leaders and law enforcement, and also the open call to dismantle the Indian Constitution as a righteous form of protest.
It started with a leaked NEET paper. Now the slogans target the government and Hindus, and nobody demands better exam security. We traced it back to the vendor breaches and forward to 2060 in four priced scenarios. Stopping India's education reform costs $93 trillion.
As Ukraine strikes deep and Russia feels the walls closing in, every move becomes a signal. Schelling explains the dance of coercion. Fearon explains why peace is so hard. When perception drives decisions and time is the enemy, wisdom may be the only path that prevents catastrophe.
