As an ex-weblogging community founder, I’m very happy to hear that tumblr has raised money from Fred Wilson and Co at Union Square Ventures.
Weblogging communities have all experienced explosive growth but few have been able to monetize it well. Examples are Blogger, Livejournal, Xanga and Diaryland. Tumblr is a more light-weight, fun approach and the application is really well-built. Perhaps they are able to show us where the pot of gold is? We’ve sure missed it till now.
Via the a:c (that’s where I got the imgs from as well…!)
