StumbleUpon Claims They've Stumbled Onto Profits 31
cagraham writes with this excerpt from Technology Advice: "In an interview with Bloomberg, CEO Mark Bartels says that StumbleUpon is now profitable, and expects to grow their revenue by 33% this year, up to $40 million. The service has been around since 2001, was briefly owned by eBay,and earlier this year cut its staff from 120 to 70. According to Bartels, a huge increase in mobile usage has led to the turn-around, and they now have over 100,000 advertising clients. Still, they didn't provide any hard profit numbers to Bloomberg, so you'll have to take them on their word that they've successfully monetized."
Comment removed (Score:4, Funny)
Where am I? (Score:5, Funny)
Re:Yet again you are the product (Score:5, Funny)
So I'm to understand you just learned how advertising on the Internet works today and couldn't wait to share your knowledge, yeah?