Lofgren writes, “Forbes has stated that Forbes Marketplace earned $22 million in revenue from Jan 2021 to Sep 2021. Multiplying by a third gives us an estimate of $29 million for all of 2021. Again, traffic was on a huge upswing during this period so I’m extremely confident that $29M is a conservative estimate for 2021.
“Now let’s get a traffic estimate for 2021.
“So we have $29M in annual revenue on an average of 3.4M searches per month in 2021.”
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