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From Unicorn to Underdog—and Back Again? A Critical Sociology of Tumblr’s $1.1B-to-$3M Valuation Swing and the Political Economy of Platforms
Author: Habib Ali Affiliation: SIU Swiss International University, Kyrgyzstan DOI: https://doi.org/10.65326/u7y566742 Received 10 July 2025; Revised 25 August 2025; Accepted 1 September 2025; Available online 28 October 2025; Version of Record 28 October 2025. Abstract This article offers a critical-sociological analysis of Tumblr’s dramatic valuation shift—from a $1.1 billion acquisition in 2013 to a resale reportedly around $3 million in 2019—and asks what this episode reve
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