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I think the other comments have notes about the market cap, but wanted to add another detail I found. Vimeo's annual revenue is $200 million [1] or so. It's no
by samspenc 5y ago
I think the other comments have notes about the market cap, but wanted to add another detail I found.
Vimeo's annual revenue is $200 million [1] or so. It's not profitable yet. Meanwhile, Youtube brings in $20 billion a year [2] for Google.
I didn't realize how big the disparity was, but Youtube is 100x (!) the size of Vimeo at least in terms of revenue.
[1] https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud.html https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud...
[2] https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-netflix-in-revenue.html https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-net...