Stocksy, a cooperative for photographers in the crowded market of selling stock art, expects to become profitable in November.
Revenue growth of 35 percent each month helped the company achieve the milestone, which Stocksy plans to announce Thursday.
Two factors no doubt helped it to reach the goal: First, it was founded by Bruce Livingstone, who accumulated lots of stock-art cred more than a decade ago when he started one of the powerhouses of online stock-art sales, iStockphoto. Second, the Canadian company has only 10 employees, which means low expenses.
Stock-art companies license out photos for use in ads and … Read more