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Tom Plunkett
Tom Plunkett

The $800 Art Project

“I really like David, but he’s got a brutal year ahead,” says Gawker Media owner Nick Denton. “The pressure on Internet media companies to deliver revenues is going way, way up.” Karp, who once showed disdain for advertising, finally allowed ads on Tumblr last May. The company finished 2012 with $13 million in revenue; the hope in this “leap” year is that it’ll get to $100 million. Via Forbes.

Illustration for article titled The $800 Art Project
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