“The real scandal of Tumblr isn’t that it’s now worth a fraction of its former selling price. The scandal is that Tumblr was ever valued so highly at all.”
More from Christopher Mims
“The success of Google and Facebook rests largely on the fact that both have spent so much…”
“Pro tip: shorten your to-do list by rendering it in a smaller font.”
“The biggest elephant in the room is Uber, valued at $62.5 billion. The company claims it…”