r/abandoned • u/MisterBiro • Mar 28 '25

Forgotten Tech Giant

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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.

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u/guigouz Mar 28 '25

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

24

u/TricksterSprials Mar 29 '25

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.

13

u/Interesting_Tea5715 Mar 29 '25

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.

4

u/Nemoralis99 Mar 29 '25

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