Yahoo-Tumblr ($1.1B, 2013) — #4 in Top 10 Worst Tech Acquisitions | Top10Grid
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Yahoo-Tumblr ($1.1B, 2013)
Marissa Mayer's Yahoo bought the blogging platform for $1.1 billion, killed its NSFW content that drove engagement, then sold it to Automattic for reportedly under $3 million — a 99.7% loss.
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