DISQUS

swag · 8 months ago

$4MM for what should be a pretty pathetic volume?
John · 8 months ago

Assuming its 7,500 customers average $500 of orders per year. That's $3.75M sales per year.

It's tiny, but that's still $3.75M more revenue than twitter, which has raised 10 gazillions dollars in funding, so far.
Anthony Ha · 8 months ago

Well put, John.
Joseph Flaherty · 8 months ago

Thanks for covering stories like this Anthony. I think too many people get caught up in the social media echo chamber and are constantly trying to peg the next Google e.g. the breathless coverage of Facebook and Twitter's every move. Not that these companies are undeserving of coverage, but from a market POV social networking is worth ~$1.5B in revenue/year. By comparison scrapbooking is worth about $3B and there are some interesting businesses in that market (Provocraft and Scrablog) Toys are worth $26B/year and Smith&Tinker will probably snatch a nice piece of that this year, Jewelry is worth ~$60B, but a company like Paragon Lake is rarely discussed. VB does a great job covering companies like those and I hope you guys continue.