Stumble Upon: Business Watch
In 2002, a few young programmers made a modification for the web browser Fire Fox- and have recently achieved a milestone. The young programmers, about the age of mid 20’s, created a unique add on that was downloaded by thousands on its release- and has just recently reached 2 million users. The owner, Garret Camp, [...]
no comments.In 2002, a few young programmers made a modification for the web browser Fire Fox- and have recently achieved a milestone. The young programmers, about the age of mid 20’s, created a unique add on that was downloaded by thousands on its release- and has just recently reached 2 million users.
The owner, Garret Camp, had the idea when working to get his masters degree in software engineering. With a few of his friends, he created the add-on to find pictures on different photo sites. After success, he and his friends realized it could do much more than just find pictures.
With a little work, he created the add-on to find different websites, and named it “Stumble Upon”. Of the 12 employees, the business has assumed the business model of an advertising/subscription agency. They recently released a “Stumble Video” that lets users find videos in the same way it would find web-pages. They are based in San Francisco, and have around $1.5 million in assets for funding.
As for future plans, the young entrepreneurs plan to keep updating its model and design, and to include support for mobile video. They plan on releasing new content controls as well, and hope to reach another milestone in the future. The entrepreneurs are from Calgary, Alberta.
Link: http://www.stumbleupon.com/
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