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Tumblr is losing $30M each year, CEO says (techcrunch.com)

submitted 3 years ago by simple@lemmy.world to c/technology@lemmy.world

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[–] SQL_InjectMe@partizle.com 13 points 3 years ago

Wikipedia Foundation actually spends more money giving grants to other projects/orgs than they spend on hosting costs, and that’s still like 20% of their budget!! It’s so crazy

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