Tumblr was once one of the biggest names in social media, trailing only the likes of Facebook and Twitter. They were purchased in 2013 by Yahoo for $1.1 billion, but times have changed for the blog platform. The former giant was sold to Automattic, the parent company of WordPress, for a mere $3 million. What happened to cause such a precipitous decline?

Find out what Daniel Litwin and Tyler Kern has to say on this snippet from Business Casual.

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