this post was submitted on 12 Jul 2023
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Tumblr is losing $30M each year, CEO says (techcrunch.com)
submitted 1 year ago by simple@lemmy.world to c/technology@lemmy.world
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[โ€“] uniqueid198x@lemmy.dbzer0.com 20 points 1 year ago (1 children)

What this number suggests to me is that Tumblr has revenue less than 20 million dollars. I figure:

  • about 100 employees
  • based in new York
  • average $100,000 salary
  • 10m annually in humans
  • 2-3m annually for office expenses
  • 20-30m annually for hosting

Some of these numbers can be up or down, but when I worked at a similar company in New York, we had operating expenses in the same range. (Coincidentally, we had revenue on the same range, and got sold off in a fire sale)

[โ€“] SpamCamel@lemm.ee 3 points 1 year ago

$100k avg salary for a New York tech company? The lowest level employees there almost certainly make well above that. If we're talking avg salary it's probably at least $200k.