Yahoo brought Tumblr for $1.1B in 2013. A few days ago it was sold for (allegedly) $3M. In between those times they managed to destroy a huge number of communities and alienate a major chunk of their users by banning adult content. Now I’m sure that enormous loss wasn’t purely due to the adult content ban – Yahoo were already writing the acquisition value down long before that – but you have to admit that it’s an impressive sequence of decision making. Less talented people might have settled for just losing money, or just pissing off their users, but it takes major skills to do both. For anyone worried about the impact on the executives involved in all this, fear not, they’re all still immensely wealthy multi-millionaires with well paid jobs. I’m sure that’ll be comforting for anyone whose site was trashed by the Tumblr rules changes.
I’ve no idea what image would best accompany this mini-rant, so I’ll pick something very hot and sexy from a Twitter user who is still advertising his Tumblr link. This is from a tweet by The Smutty Rogue. Apparently Nina is doing to Issac what Yahoo did to Tumblr.