Tumblr is reportedly on life support as its latest owner reassigns staff
"600+ person-years of effort" have not stopped the site from losing $30M a year.
Tumblr is reportedly on life support as its latest owner reassigns staff
"600+ person-years of effort" have not stopped the site from losing $30M a year.
​I’m suggesting they spin it out / hand it off to a full Mastodon like volunteer management app funded via donations….
@wordshaper @tchambers @arstechnica Admittedly on a much smaller scale, and still early days (practically early *hours*) the pebble.social precedent suggests a couple things:
• the number of people making the move to the fedi will be very limited, at least at first
• but they will be wholeheartedly committed to the keeping the community afloat, hence likely to volunteer for tasks, to donate money, and generally to pump energy into the experiment
@arstechnica
I'm still a daily Tumblr user...
While I don't think anyone could make a ton of money on the site, it's amazing to me that the site doesn't turn some profit.
@[email protected] Peoples jobs aside every time I read something like this all I can think is why does so much investment money get pumped in to over inflate companies.
Lost count how many time you hear of a small 10 person startup balloons to 1000s on what clearly will always be a flash in the pan for a few years. The companies then end up so staff heavy instead of a few cuts and belt tightening they lay off 4 figure numbers of people. It's what's always put me off tying to get a job in large corp