Tumblr Cashed in $13 Million In 2012, Projecting $100 Million In 2013

Tumblr Cashed in $13 Million In 2012, Projecting $100 Million In 2013
Technology
Like Us On Facebook
Like Us On Facebook

Yet another social media site saw massive success in 2012. Tumblr managed to generate $13 million in revenue last year, and plans to bring in around $100 million this year.

David Karp, the founder and CEO of Tumblr explained that his company didn’t really have a model for revenue, but were more focused on improving the site and it’s traffic. Entrepreneurship takes patience.

Tumblr gets roughly 18 billion page views per month, and was recently named one of the top 10 most trafficked websites in the country. Karp has raised more than $125 million in funding so far, and has been using it to improve website operations.

Tumblr was valued at $800 million in September, which will only grow this year. David Karp is doing his thing, and Tumblr looks to be on a roll.

Wentworth Jones | Elite. 

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Contributing Writer

Elite Daily is a medium for people tired of disingenuous content; we have sought to create a space where stimulating, applicable content can reach a like-minded audience.

More In Technology

Technology Connor Toole

Crib Toys That Let Babies Take Selfies Will Ruin The Next Generation

You’ve probably never wondered why there’s no technology out there that allows babies to take selfies. Because of all the niches that exist in the world today, that’s probably the last one that needs to be filled. That doesn’t mean people aren’t trying. According to the International Business Times, a Dutch designer has introduced the […]

Technology Sean Levinson

Drone Ambulances Could Make It To People Faster And Save More Lives

A Belgian engineering student has designed a drone equipped with a defibrillator meant to service victims of cardiac arrest. Ambulances can take as long as 10 minutes to reach their destination, says 23-year-old Alec Momont, which is why just 8 percent of the 800,000 people who have heart attacks each year in the European Union survive. […]

Also On Elite

Sports

9 Stories That Prove Peyton Manning Is The Most Humble Athlete Ever

With 510 passes into the end zone, Peyton Manning stands alone as the NFL’s all-time touchdown king. With five league MVP trophies to his name, he is the only player ever to have won a quintet of the prestigious award. With 66,812 passing yards to his name he is, by far, the NFL’s most prolific […]

Envision

36 Forgotten Classic Corvettes Were Discovered In An NYC Garage (Photos)

A total of 36 Corvettes were recently discovered in an underground garage in New York City. It turns out the Corvettes belonged to Peter Max, a German artist known for his vibrant pop art works. The Corvettes date from 1953 to 1989. According to Daily Mail, Max purchased the entire collection from Dennis Amodeo. Amodeo […]

Humor

Mom Posts Craglist Ad Seeking ‘Cool Black Friend’ For Her Bullied Son

The only thing worse than persistent bullying is having to tell your parents about it. One concerned New Orleans parent wrote a Craigslist post asking for “cool black kids” to befriend his or her son. The kid is the victim of cruel teasing and has trouble fitting in at school. Best intentions in mind, the […]

Life

Work-Married: 5 Signs You’ve Found Your Office BFF

Starting your first job can be nerve racking. It might be your first time having real responsibilities, real hours and real paychecks. The pressure is definitely on, and you want to present yourself in the best possible light. A new job also means meeting new people with whom you’ll share space and so many hours […]