Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
The rise and fall of once-$1 billion Tumblr, the early 2010s blogging site that defined a generation before fizzling out via a measly $3 million sale
The rise and fall of once-$1 billion Tumblr, the early 2010s blogging site that defined a generation before fizzling out via a measly $3 million sale
Katie CanalesAug 10, 2022, 21:48 IST
Artist Lana Del Rey became a Tumblr icon after releasing her 2012 album "Born To Die."Jason LaVeris/FilmMagic
Tumblr remains one of the most defining internet platforms of the new millennium.
But it notoriously struggled to be profitable after it stood up in 2007 and was bought and sold twice.
If TikTok is Generation Z's favorite social media platform, Tumblr was arguably Millennials.'
It's hard to deny the blogging website's influence on the generation's adolescent years — the site allowed users to curate photos, posts, links, and other media into their own customized blog, birthing its own specific brand of internet culture that walked so today's online zeitgeist could run.
But, like Vine, the beloved platform has gradually transformed into a vestige of the early 2010s. It's been passed from corporation to corporation in the last decade after the free-spirited company struggled with profitability.