Yahoo's Billion-Dollar Tumblr Mistake

Yahoo bought a platform that was 90% porn for $1.1 Billion and subsequently banned the porn. Really wild decision making. Former Yahoo CEO Marissa Mayer reveals she regrets buying Tumblr instead of Netflix or Hulu. Yahoo bought Tumblr in 2013 for $1.1 billion, but by the time it was sold in 2019, the value of the platform was reportedly down to $3 million. tumblr.

A screenshot of a tweet jokes about Yahoo buying Tumblr for $1.1 billion when it was mostly known for adult content, then banning that content and destroying the platform’s value. The punchline is the absurd business decision and Marissa Mayer’s regret that Yahoo did not buy Netflix or Hulu instead. It is used as a reaction to spectacular corporate mismanagement. EN: A screenshot of a tweet jokes about Yahoo buying Tumblr for $1.1 billion when it was mostly known for adult content, then banning that content and destroying the platform’s value. The punchline is the absurd business decision and Marissa Mayer’s regret that Yahoo did not buy Netflix or Hulu instead. It is used as a reaction to spectacular corporate mismanagement.

• @eternalclassic / 32242 2023-05-07