Tumblr head Matt Mullenweg also assuaged users fears by confirming that the platform will not remove its chronological feed.

Tumblr is losing $30M each year, CEO says

If we’ve learned anything from this past year of Twitter clones, CEO fights, shitposting and bad, money-grabbing policies, it’s this: making a social media company profitable is hard! After rolling out some unpopular features, Tumblr is now trying to “build in public” and be more transparent about the business behind the fandom-driven platform. In a […]

Tumblr is losing $30M each year, CEO says by Amanda Silberling originally published on TechCrunch