[qnk]

For me the most important aspect of this acquisition is that Automattic is a fully remote company. Tumblr's office space in New York City must be very expensive, I wonder if they're getting rid of it and transition everyone to remote.

[photomatt]

Automattic has had offices in the past, so there is some precedent. The Tumblr team has a strong office culture, so we don't want to break anything that's working well. Simultaneously we believe the future of work is distributed, and over the next decade that's the direction we firmly want to head. If you want to learn more about this, including hybrid organizations, check out my new podcast at distributed.blog.

[evanelias]

Verizon moved Tumblr out of their longtime HQ last year. It was a beautiful space in Flatiron District that the company occupied for almost 8 years. I've heard the space is now a WeWork.

[epc]

Tumblr consolidated into Yahoo's office space last year, whatever the cost is is likely a rounding error on Verizon/Oath/Yahoo's balance sheet.