Alltopstartups
  • Start
  • Grow
  • Market
  • Lead
  • Money
  • Guides
  • Startups Directory
Pages
  • About
  • Advertise
  • Contact Us
  • Homepage
  • Resources
  • Submit Your Startup
  • Submit Your Startup Story
AllTopStartups
  • Start
  • Grow
  • Market
  • Lead
  • Money
  • Guides
  • Startups Directory
0

These Crowdsourced Businesses Are Generating Over $100M In Revenues

  • Thomas Oppong
  • Feb 24, 2011
  • 1 minute read

Crowdsourcing is the act of outsourcing tasks, traditionally performed by an employee or contractor, to an undefined, large group of people or community (a crowd), through an open call. Crowdsourcing has proven to be a very important and real business model if gotten right.

The basic idea is to tap into the collective intelligence of the public at large to complete business-related tasks that a company would normally either perform itself or outsource to a third-party provider. There are so many startups that are build around crowdsourcing and are successful. These companies earn over $100M in revenues, and I believe there are many out there who are generating a lots of revenue with this model.

  • iStockphoto, $220M
  • Gerson Lehrman Group $250M
  • Demand Media $200M
  • LiveOps $150M
  • Threadless.com Over $70M

Information courtesy Ariel Seidman

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

Latest on AllTopStartups
View Post

The 3 Ways Your Store’s Sign Can Enhance The Customer Experience

View Post

Innovative Gifting Ideas For Your Startup’s Best Talent

View Post

Understanding Negative Gearing: A Deep Dive into Property Investment

Comments are closed.

AllTopStartups
Published by Content Intelligence Media LLC

Input your search keywords and press Enter.