Will Tumblr still exist by end of 2027?
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Part of a series of markets on the survival of Tumblr. Resolves based on my judgement if there's any ambiguity, but I do not expect there to be.
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@Quroe https://www.404media.co/wordpress-automattic-ceo-matt-mullenweg-put-on-leave-of-absence/
Rough reasoning is that Matt bought Tumblr for personal reasons but it has never been profitable, and with Matt out of the picture it doesn't make much sense to keep shoveling money into this particular pit.
@wasabipesto Note this comes after a few failed monetization attempts (Tumblr Live, Midjourney/OpenAI data licensing, Post+, Tips), a failed wordpress rewrite/migration, and firing the majority of the Tumblr development staff to put the site in maintenance mode.
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