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Technology@lemmy.worldEnglish · 1 year ago

Tumblr is losing $30M each year, CEO says

cross-posted to:
technology@beehaw.org

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Tumblr is losing $30M each year, CEO says

simple@lemmy.world to

Technology@lemmy.worldEnglish · 1 year ago

cross-posted to:
technology@beehaw.org

Tumblr head Matt Mullenweg also assuaged users fears by confirming that the platform will not remove its chronological feed.

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1 year ago
A lot of sports teams claim to be perpetually unprofitable on paper…

But they’ll still sell for billions

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