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Did I miss something or do they not count the expenses for TwitPic? If they only get $10,000 for 3,2 millions views it seems almost likely that they're losing
by ique 16y ago
Did I miss something or do they not count the expenses for TwitPic?
If they only get $10,000 for 3,2 millions views it seems almost likely that they're losing money, not making it...
Edit: A quick calculation tells me the expenses are actually quite negligible. The picture is 174kb * 3,2m servings * $0.03/GB for amazon cloudfront traffic (which I think they're using) means it's only cost them 16 bucks.
- DevX101 16y ago"In early 2010, Everett and TwitPic announced a goal of three to four million dollars in revenue, with a target profit margin of a whopping 70%"
- JacobAldridge 16y agoAlso using data in the article, it says TwitPic gets between 3 and 4 million visitors overall per day. Accepting all of the same assumptions they use for Sheen's figures, that works out at about $10,000 per day. At 70% profit margin, that's a business turning over $3.65M per annum, and profit / margin of just over $2.5M. Which I've just realised matches neatly with the figures in paragraph 4.