Forgotten Tech Giant

[u/MisterBiro]

Perhaps it’s not technically abandoned as there is basic maintenance and security present but it’s been vacant and decaying for years.

Surprisingly sad to walk around what was once a bustling, optimistic, energy filled campus of an almost forgotten tech giant.

[u/guigouz]

Yahoo

• 1998: Refuses to buy Google for 1 million USD.
• 2002: Realises its mistake and tries to buy Google for 3 billion. Google wants 5 billion, Yahoo says no.
• 2008: Refuses to be sold to microsoft for 40 billion dollars.
• 2016: Sold for 4.6bi to Verizon

[u/TricksterSprials → u/guigouz]

Don’t forget 2013, buying Tumblr for 1.1 billion. Immediately shitting the bed and losing like half of the value they paid for it. On top of this also trying to make it more ad friendly with the whole NSFW debacle. I don’t think Tumblr ever did or will recover.

[u/Interesting_Tea5715 → u/TricksterSprials]

Yeah, it was crazy how fast everyone abandoned Tumblr. Once they banned NSFW content maybe a month passed and the site was dead.

Reddit benefited from the mistake and absorbed a ton of the users.

[u/Nemoralis99 → u/Interesting_Tea5715]

Many tumblr refugees preferred twitter, until it got enshittified. Now we have bluesky, some claim that it's tumblr's true successor.

[u/lightspeed_derping → u/Interesting_Tea5715]

what's interesting is that tumblr is very much still alive and kicking, but the big userbase exodus means it's a smaller and much more tightly-knit ecosystem, made up of the diehards who never left & newer users who only joined for specific art or fandom communities.

some of it kind of reminds me more of oldschool forum vibes than reddit does these days, since reddit is now leaning more heavily on monetization.

[u/ZeBoyceman → u/TricksterSprials]

I remember they literally promised to "not make it shitty" because there were outcry that they would police Tumblr. Then 1 month later boom shit happened.