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Kodak Worth Less Than Tumblr

Sign of the times:

Kodak, which historically pioneered personal photography and employs almost 20,000 people, closed at an all time low, and “is now worth $468m, or $330m less than 50-person, profitless Tumblr.”

This is somewhat ridiculous given, as the quote indicates, Tumblr is not a profitable company and relies on venture capital funding to pay the bills and Kodak, for all its troubles, generates revenue. Nevertheless, the markets are speaking.

Author:Greg Scoblete

Greg Scoblete is the editor of Your Digital Life. He has been covering the photographic world for the past ten years for a variety of publications including PDN, This Week in Consumer Electronics and Digital Photographer.