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funding

Tumblr Gets Money while Pownce Dies

December 13, 2008

Well the Social Media Landscape is ever changing, just like the skyline in Las Vegas.  It seems like there’s a change every year there. Something blown up or something goes up.  Such is the same with the Social Media Landscape.

The beginning of December, Pownce announced they will be closing their doors.  While I have an account on Pownce and the features are really pretty cool, 99% of all of my updates where done with Twhirl.  Basically I used Twhirl to post Tweets on Twitter, and it automatically posted them to Pownce too.

If you have a Pownce account, you can visit pownce.com/settings/export/ to generate an export file. You can then import your posts to other blogging services such as Vox, TypePad, or WordPress. However, you should do this quickly, only a couple days left.

Pownce put up a blog post about exporting, you can check it out here: blog.pownce.com

Now on the other hand, Tumblr just closed it’s Series B round bringing in $4.5Million to leverage the outstanding first year results.  Tumblr now has an average of over 15Million unique visitors per month! Those are great results considering the social networking site started in 2007.

I’m sure the 22 year old founder, David Karp, is ecstatic with the latest happenings of the company. Mr. Karp stated, “I feel so fortunate to have investors who believe in us, and a growing worldwide community that is just as excited about this neat thing we’re building…”

Tumblr has plans for their first quarter in 2009. They are planning on launching a premium service which will represent the company’s first revenue generation. It will be followed by a revenue strategy that leverages both Tumblr’s publishing platform and community, while continuing the company’s focus on innovation and invention.

I can’t wait to see what becomes of Tumblr over the next year.

As for Pownce, Rest In Peace, such are the ways of the Social Media Landscape.

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