Author: Ling Zhang Affiliation: SDBS Swiss Distance Business School ORCID iD: 0009-0006-7478-5551 Received 10 January 2025; Revised 18 February 2025; Accepted 8 March 2025; Available online 25 March 2025; Version of Record 25 March 2025. Volume 2, December 2025, (10012) https://doi.org/10.65326/u7y566812 Abstract Yahoo bought Tumblr for $1.1 billion in 2013 and sold it to Automattic in 2019 for less than $3 million, a reduction of something like two orders of magnitude in six