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The Forbes Article has them hockey sticking their revenue. http://www.forbes.com/sites/jeffbercovici/2013/01/02/tumblr-david-karps-800-million-art-project/ htt
by ghshephard 14y ago
The Forbes Article has them hockey sticking their revenue.
http://www.forbes.com/sites/jeffbercovici/2013/01/02/tumblr-david-karps-800-million-art-project/ http://www.forbes.com/sites/jeffbercovici/2013/01/02/tumblr-...
"The company finished 2012 with $13 million in revenue; the hope in this “leap” year is that it’ll get to $100 million."
- nerdnorth 14y agoThat article is full of gold: 2012 - Operating Expenses: $25 million, Revenue $14 million (that's an $11 million loss on paper) For 2013, they're saying they'll need to hit 4x revenue growth in order to hit profitability? Does that mean 4x the ads for their (fickle) userbase?
- standby 13y agoThe $14 million revenue of 2012 was not using the same business model of 2013. Ads is a new thing.