Today one of the memes reverberating around the blogosphere has been how Dogster, the social network for dogs, has received 1 million dollars in angel financing. Without belabouring the details, Dogster started in 2004, and has currently built itself to over 200 000 active users, but according to an interview at VentureBeat, it has already been profitable. How profitable? How about to the tune of $100 000 in the month of April alone.
It seems like the road to profitability seems like an attempt to both keep costs low, but as well, create a diversified revenue model. That is, more than just relying on Google Adsense.