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The Digital Dive celebrates our 20th episode with a special video podcast. Millennials: scrutinized, fascinating, controversial. A bunch of overly coddled narcissists? Or the highly educated, tolerant, tech-savvy hope for our future? Our familiar voices can now be seen in action as we report on Yahoo’s acquisition of Tumblr and tackle the ever-controversial subject of the Millennial Generation.
I. In a bold move (that follows Google’s and Facebook’s acquisitions of startups in hopes of gaining an edge), Yahoo acquired Tumblr for $1.1 billion, Yahoo officially announced Monday, May 20, 2013. A popular social blogging hub for photos and funny gifs, and a major meme birthplace, six-year old Tumblr has ~900 posts a second with 300 million monthly unique visitors and 120,000 sign-ups every day. It also does not have a revenue model, much like Instagram, which Facebook acquired in 2012 for about $1 billion in cash and stock. Tumblr is highly mobile and has a young user base, in contrast to Yahoo’s older users. Tumblr could help Yahoo compete with Facebook and Google in the social networking space.
II. The Millennial Generation: In the wake of the controversial Time magazine article Millennials: the Me Me Me Generation by Joel Stein, we discuss some of the most prevalent complaints and praises of the most talked about generation since the Baby Boomers, along with a few surprising statistics about work ethic, narcissism, and tattoos.
Referenced in this episode:
1. The Pew Research Center’s comprehensive 2010 report: Millennials: Confident. Connected. Open to Change. 2/4/10
2. David McCullough Jr.’s controversial “You Are Not Special” commencement speech 6/7/12
Tips on Tap:
I. Artsy iPad cover: GelaSkins. Wraps front and back of iPad with your chosen artist’s design. Get free matching wallpaper for your screen. $29.95
II. Houzz – Landscaping, decorating and home design app.
III. Cool alternative to a business card: Custom Inspector Stamp is a keychain stamp by Mikey Burton in collaboration with Cranky Pressman. The Salem, Ohio based online letterpress service was founded by its original owners in 1934. Read more about Cranky Pressman.
Infographic about Millennials (click on the image to view it in full): Caveat: we are also coddled narcissists who did not play enough dodgeball in gym class.
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