Five Bay Area Startups Bucking the Bubble

Colleen Taylor over at GigaOm looks at five startups that are getting noticed for doing business the old fashioned way–making money.

Outfit7. This maker of the uber-popular Talking Friends apps is growing, profitable, and has no immediate plans to take on a dime of venture capital. “We raise a round of money from our users every month,” CEO Andrej Nabergoj told me recently. “We’re not focused on raising any other kind of funding right now.” The company does not disclose its annual revenue, but Nabergoj says Outfit7 made $200,000 in just one day this past December, as the popularity of its Talking Santa app reached a peak.

Other Bay Area Startups profiled include: Instapaper, Fwix, 99Designs, and GitHub. Read the Full Story.