Automattic CEO calls Tumblr his ‘biggest failure’ so far
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Automattic CEO Matt Mullenweg acknowledged Tumblr as his biggest failure, citing the platform's unprofitability despite hosting over 500 million blogs. Plans to migrate Tumblr to WordPress infrastructure remain on hold due to high costs and the platform's inability to generate sufficient revenue. The company has attempted cost-cutting through layoffs and resource reallocation, but Tumblr continues to be sustained by profits from other Automattic products. Mullenweg also discussed ongoing projects including WordPress Playground, Beeper messaging app expansion, and the ongoing legal dispute with WP Engine over open source contributions.
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