Mullenweg admits Tumblr remains unprofitable and subsidized by Automattic
Matt Mullenweg · Matt Mullenweg on the future of open source and why he’s taking a stand · Mar 2, 2025 · at 1:23:26
Matt Mullenweg, CEO of Automattic, details the ongoing financial turnaround and operational costs of Tumblr.
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“Still not still not profitable, so we're still subsidizing it from the rest of Automatic's businesses”
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