WhaleShark Profits in Austin
By: Leon Castles
on Monday, November 26, 2012
Austin based WhaleShark Media Inc has made an announcement that they have enjoyed lot of growth and profit in the Austin market and they believe that they need to focus more on the market at the moment. It took just three years for the company for the company to become the largest source of online coupons in the world and they believe that they can do much more than this. The company made an announcement that they believe that Austin market is providing them with lot of options and opportunities that they should not miss out.
The company announced that in the year 2011 they had revenue of $87 million but in this year they would like the revenues to go up to $120 million which will help the company and also the shareholders. WhaleShark CEO Cotter Cunningham said that they are not really thinking about topping the charts or become the number one company in the world at the moment. He said that they are in the business where they save consumers money and they are only focusing on how they can do that at the moment. He said the growth cycle is really fast and they have grown from 25 employees in 2010 to 170 employees this year which means that there is lot of work to handle and they will need more employees in the future.