By John Gruber
CoverSutra Is Back from the Dead — Your Music Sidekick, Right in the Menu Bar
Really enjoyed this piece by David Carr on former Gizmodo editor Brian Lam’s recent and very different Wirecutter, but this bit stuck out:
Mr. Lam’s revenue is low, about $50,000 a month, but it’s doubling every quarter, enough to pay his freelancers, invest in the site and keep him in surfboards. And now he actually has time to ride them. In that sense, Mr. Lam is living out that initial dream of the Web: working from home, working with friends, making something that saves others time and money.
In what way is $50K/month — doubling every three months — “low” for a site with a small staff? I’d say that’s great revenue, and eye-popping growth.
★ Monday, 17 December 2012