Tumblr sold for $3M - Here’s What You Need to Know as a Marketer | Ep. #1133
Marketing School - Digital Marketing and Online Marketing Tips
Eric Siu and Neil Patel
4.6 • 1.4K Ratings
🗓️ 7 September 2019
⏱️ 4 minutes
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| 0:00.0 | Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach. |
| 0:11.5 | Let's start leveling up your marketing knowledge with your |
| 0:14.2 | instructors Neil Patel and Eric Sue. |
| 0:17.0 | All right guys before we start we got a special message from our sponsor. |
| 0:24.0 | If you want to rank higher on Google, |
| 0:25.9 | you got to look at your page speed time. |
| 0:28.5 | The faster your website loads, the better off you are. |
| 0:31.3 | With Google's core vital update, |
| 0:33.0 | that makes it super, super important |
| 0:34.8 | to optimize your site for low time. |
| 0:37.6 | And one easy way to do it is use the host |
| 0:40.0 | that Eric and I use, Dreamhost. |
| 0:42.0 | So just go to Dream Host or Google it. |
| 0:44.8 | Find it, check it out, and it's a great way |
| 0:47.0 | to improve your low time. |
| 0:50.4 | Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel and today |
| 0:55.3 | we're going to talk about how Tumblr sold for 3 million bucks and here's what you need |
| 0:58.9 | to know as a marketer so just for some context Tumblr sold for a billion over billion 1.1 billion to yahoo back in 2013 yeah yeah so they were like and then yahoo |
| 1:09.7 | so a lot of the assets to aOL slash Verizon and then Tumblr now just got acquired supposedly for 3 million. |
| 1:17.9 | No one knows the exact price to automatic which owns WordPress. |
| 1:21.0 | So pretty much WordPress bought Tumblr for roughly 3 million and they took over 200 employees and my guess if the price was that low that means Tumblr is losing money and they're not making money. It's a cash bleeding business. |
| 1:32.0 | Yeah, and I think also not even just as a marketer, but even just kind of looking at it from a business perspective. |
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