Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tumblr

avc.com

Post reply on HN
Print view View original

21–30 of 107 posts

Re: Tumblr

#21

Post by Chyzwar »

overcast wrote: post #19
laser wrote: post #14

I had heard the "well below 20m" figure and couldn't believe it—and now Fred is saying they dumped it for $3 million? I suppose if Verizon is taking the tax deduction on an original $1.1 billion purchase by Yahoo, the value of the deduction so much dwarfs the sale price that the difference to Yahoo between a $3 million sale price and a $50 million sale price is pretty minimal—they just want to close the deal to take…

Off topic here, but reading this text blob, would it hurt HN to increase line-height a smidge? Like to ~1.5x? That would be 13pt and SO much easier to digest.

You can do it yourself via Stylus extension, I have solarized dark theme applied.

Re: Tumblr

#22

Post by StavrosK »

codesushi42 wrote: post #10

Now we are stuck with Facebook, a closed platform. Or Reddit, which masquerades as an open platform, but is really closed shut. There's only Twitter now. And Twitter kind of sucks.

Mastodon is great, and open. I like the community there more than Twitter's.

Re: Tumblr

#23

Post by danso »

aylmao wrote: post #6

> But it is also true that Tumblr was bypassed by native mobile applications like Instagram and Snapchat where it was even easier to post about your life. This. It's understated how much Tumblr's clunky composing hurt it as a platform. I know people connected to Tumblr, and from what I hear there was a lot of ideas but little direction. There was a time when Tumblr was bigger than Instagram— Tumblr could've focused m…

And this is ironic in how much Tumblr itself simplified the blogging experience, by having several pre-built formats (e.g. photo, text, video). I had a regular Wordpress blog but found it so much easier to casually post photos to my Tumblr.

Re: Tumblr

#25

Post by laser »

overcast wrote: post #19
laser wrote: post #14

I had heard the "well below 20m" figure and couldn't believe it—and now Fred is saying they dumped it for $3 million? I suppose if Verizon is taking the tax deduction on an original $1.1 billion purchase by Yahoo, the value of the deduction so much dwarfs the sale price that the difference to Yahoo between a $3 million sale price and a $50 million sale price is pretty minimal—they just want to close the deal to take…

Off topic here, but reading this text blob, would it hurt HN to increase line-height a smidge? Like to ~1.5x? That would be 13pt and SO much easier to digest.

Broke it up into 3 paragraphs now >.<

Re: Tumblr

#26

Post by nostrademons »

laser wrote: post #14

I had heard the "well below 20m" figure and couldn't believe it—and now Fred is saying they dumped it for $3 million? I suppose if Verizon is taking the tax deduction on an original $1.1 billion purchase by Yahoo, the value of the deduction so much dwarfs the sale price that the difference to Yahoo between a $3 million sale price and a $50 million sale price is pretty minimal—they just want to close the deal to take…

IMHO Wordpress itself is grossly undervalued. I've done some whole-web analysis and they (including both the open-source project and the hosted service) account for roughly 18% of the web. The volume of content produced on them (in terms of # of words, not # of messages) is greater than on Twitter. If you look at comparables - with Twitter valued at $30B, Reddit at $3B, and Wordpress valued at $1.16B - it's pretty hard to justify those valuation disparities. Sure, it's open-source and non-hosted-by-them Wordpress installs don't really make much money for the company, but you could argue that they actually have more control over the greater Wordpress ecosystem than Reddit does over famously revolt-prone subreddits.

Unfortunately, they're private, profitable, and to my knowledge not seeking investment, otherwise I'd buy a slice of them in a heartbeat.

Re: Tumblr

#27

Post by uncletaco »

codesushi42 wrote: post #10

Now we are stuck with Facebook, a closed platform. Or Reddit, which masquerades as an open platform, but is really closed shut. There's only Twitter now. And Twitter kind of sucks.

Twitter, IMO, is wonderful when you stop following journalists, politicians, and A list celebrities. What that leaves is mostly meme makers and minor influencers who generally wrap all the bad stuff inside of funny jokes and hot takes.

Re: Tumblr

#28

Post by y_molodtsov »

laser wrote: post #20
jartelt wrote: post #15

Earlier quoted context omitted.

Assuming you want to keep Tumblr running, you are also buying the ~200 employees and the costs of running the site. Assuming the 200 employees cost $100k each (salary + benefits) and you are already at $20M in costs.

If I bought Tumblr in a $3 million fire sale, I don't think I'd keep 200 employees on the payroll, but yes, it combined with the tax write-off and infrastructure costs it's reasonable for Yahoo to want to dump it as fast as possible—they could easily be losing $5M a month on it. I'm just shocked there aren't more opportunists in the market that would have bid the price up to at least something resembling reasonable.…

He specifically said they’d continue to employ all of them.

Re: Tumblr

#29

Post by [deleted] »

laser wrote: post #14

I had heard the "well below 20m" figure and couldn't believe it—and now Fred is saying they dumped it for $3 million? I suppose if Verizon is taking the tax deduction on an original $1.1 billion purchase by Yahoo, the value of the deduction so much dwarfs the sale price that the difference to Yahoo between a $3 million sale price and a $50 million sale price is pretty minimal—they just want to close the deal to take…

[deleted]

Re: Tumblr

#30

Post by navigatesol »

codesushi42 wrote: post #12
mooreds wrote: post #11

Earlier quoted context omitted.

Hate to say it, but what do you mean by "stuck"? Stuck in what way?

There are no good, open alternatives that are widely used.

"Stuck" is a slight exaggeration. I can still punch whatever I want into my address bar. Why is "widely used" required? Do you search/discover through Tumblr?
Post reply on HN