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Tumblr Adds $25 Million in Funding
- waleedka 16y agoAnyone knows how they make (or plan to make) money? They don't put ads, and I don't see premium services offered at sign up?
- unicornporn 16y agoThis is their only attempt at making money that I know of: http://www.tumblr.com/themes/premium http://www.tumblr.com/themes/premium
- thesethings 16y agoYou can also buy paid placement in their Directory tool (which is like a really nicely curated "suggested user to follow" dynamic).
- waleedka 16y agoInteresting. Although, it doesn't strike me as a scalable business. At least not to the point of justifying such big investment.
- jdp23 16y agoIt's actually $30M -- TechCrunch has an update at http://techcrunch.com/2010/12/17/confirmed-tumblr-raises-25-million/ http://techcrunch.com/2010/12/17/confirmed-tumblr-raises-25-... Current investors Spark and Union Square went in for $5M each and Sequoia took $20M.
- michaelelliot 16y agoLet's hope they spend it on some well needed server infrastructure. See: http://techcrunch.com/2010/12/17/ok-tumblr-this-is-getting-just-a-little-embarrassing/ http://techcrunch.com/2010/12/17/ok-tumblr-this-is-getting-j...
- unicornporn 16y agoLet's hope they spend it on finding a way to actually make money (other than receiving donations) so I can keep using Tumblr. I like it.
- kmfrk 16y agoFor a moment I thought that they'd just received more money, but it seems like it's just a confirmation of earlier rumours: http://news.ycombinator.com/item?id=1941227 http://news.ycombinator.com/item?id=1941227.
- away 16y agoWill they use that money so that they can let readers post comments?