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Vevo has tens of millions of revenue but not profitable.

2 points by startupcto ↗ HN
What's the point of telling the wolrd that you have tens of millions in revenue but ultimately the company is not profitable. TC Article here in case you missed it: http://techcrunch.com/2010/09/29/vevo-is-seeing-tens-of-million-in-revenue/

I run a company that has almost a million in revenue and we're profitable, not hundreds but 6 six figures and growing.

Is there a bubble here? or SV is going to self implode soon. ie. DemandMedia style.

3 comments

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ashleyreddy
I think this is partially the reason YC stays away from music company startups.
arn
if I recall Youtube was never profitable during it's run as a startup.

Some models require massive adoption before the value goes up. If they succeed in being a go to music destination, the money will likely follow.

startupcto
I think Youtube was different because they have almost zero revenue and crazy burn rate.