the situation with tumblr just kinda reinforces the notion that most big social networks are grifts that are just constantly hemorrhaging money and the founders are just trying to trick venture capital investors into thinking they can make money off of ads just long enough for them to sell the site for a fat check and retire while the site slowly dies
this is, tragically, why vine died. you can’t put ads in front of a six second video. tumblr’s lasted much longer, and i don’t expect it to implode overnight, but it’s clearly very difficult to monetize tumblr. remember how staff said they were going to implement an ad program we could make money off of in, oh… 2016? that sure went nowhere
Published
spacemaverick archive 