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With as much VC they've raised, they certainly better figure out a better way of monetizing their traffic. $140M by 2014, which would be something like ten year
by earle 17y ago
With as much VC they've raised, they certainly better figure out a better way of monetizing their traffic. $140M by 2014, which would be something like ten years in business, with $70M in VC?
This is hardly exceptional.
- seldo 17y agoUntil we know what their margins are, saying that $140m/year in revenue is unexceptional seems a hard statement to justify. With just 60 employees at, say, $100k/yr each, their staffing overheads are $6m. That leaves a lot of headroom for huge hardware and operational costs with a hefty profit margin -- GOOG's is 20%, so they could be spending $100m/year on hardware and still beat that. I'm no financial expert, but it seems like that would be a pretty great business. Of course, I've no idea where $140M/year is coming from. "A few million per month" x {Google,Bing} => $4M/month => $48m/year, which is probably still nice and profitable.