According to Business Insider, Tumblr is speculating to raise about $75 million to $100 million at a valuation in the range of $800 million or even higher.
Tumblr Looking at $800 Million Valuation for Growth Funding
Posts Tagged ‘Business Insider’
Mediabistro Events
Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews.
Use Social Media to Market Your Business
Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews. Kanye and Gaga Invest in Turntable.fm
Turntable.fm, you beautiful creature. So many of us thought that you had disappeared but here you are again, getting back to business and, reportedly, being funded by two of the biggest names in contemporary pop music: Lady Gaga and Kanye West.
Although the news is still only a well-founded rumour at this point, all signs point to an incoming sum of cash arriving from the (deep, deep) pockets of the Fame Monster and ‘Ye. As valulations of the social music/game company have skyrocketed, some $7.5 million has been drawn up by Union Square Ventures, West and Gaga. Neither musicians’ camps have officially commented on the deal but its validty seems extremely likely, given that Union Square Ventures has gone on record regarding their part in the business’ financing.
West and Gaga aren’t the only ones likely to become interested in Turntable.fm either. The recent financing round that drew the two artist’s attention has led to the service being valued at a formidable $37.5 million (surely more than enough to design a few more loudly coloured player avatars).
With licensing arrangements already having been made with industry giants, BMI and ASCAP, the future looks bright for Turntable.fm. An influx of cash and a solution to the site’s previous legal quagmires are probably all it will take to get the music giant into the right position to enjoy a massive, wide-scale launch.
Turntable.fm is currently in invite-only beta mode right now but, if you’d like to look through the window at what the cool kids are up to, you can go ahead and click on this link. We’ll be keeping a close watch on what happens next as Turntable.fm moves closer to public release.
40% of Facebook Users Are Zynga Users…Just Zynga
According to a Business Insider article in January of 2011, Facebook has over 600 million monthly active users, which got us at Social Times thinking: how many of Facebook’s monthly active users are also monthly active Zynga users? If our math is correct, around 40% of Facebook users are also Zynga gamers.
Business Insider Sending Executive-Targeted Deals Down the Pipeline
Business Insider has covered several deal-of-the-day-type Web sites, so it decided to launch one of its own: Pipeline, which is set to launch next week, will focus on more high-end items, as it is targeted toward executives. The email from Business Insider CEO and editor Henry Blodget:
Hello! We’re launching a new service at Business Insider that I wanted to tell you about and invite you to sign up for.
If you’re like me, you’ve been eagerly watching the growth of the many “daily deals” companies, hoping that lots of stuff will come along that you’ll want to buy. And you’ve been disappointed to see that most of these deals seemed designed for 18-year olds.
Where are the deals for business executives, you wonder? Where can you find stuff YOU want to buy?
Well, happily, the answer is now Business Insider.
In a week or so, we’ll be launching a new service called Pipeline that will provide Business Insider members with special deals that we’ve negotiated with you in mind.
What kind of deals will Pipeline offer? Subscriptions to business services, high-end business clothes, event tickets, you name it.
How can you get in on these deals? Just click here and we’ll let you know by email every time we launch one.
I hope you enjoy Pipeline. Thanks again for being a part of the Business Insider community.
YouTube Star Slams List of Top Grossing YouTubers
Last week Business Insider released a list of the 10 top grossing YouTube stars, based on estimated statistics and analytics from TubeMogul. Following the release of the list Greg Benson of Mediocre Films, who is the seventh highest YouTube earner according to Business Insider, called out the publication saying that there is no way their statistics are correct. Benson uploaded a YouTube video response to the article saying, “Everything in the article appears to be wrong”.
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Business Insider's Dirty SEO Tactics
One of my favorite sites that I read daily is Business Insider, a site which meshes together technology news with business and finance news, combining all of my favorite topics. On occasion we are fortunate to be included in Business Insider’s site, however more recently there have been a number of instances where we weren’t so grateful. On Friday we became the victim of Business Insider’s dirty SEO tactics.
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