http://www.bizjournals.com/twincities/stories/2009/03/02/story6.html
The St. Paul company also provides services to numerous city and state governments, many of which will see budget pressures partly relieved by stimulus funds.
To top it off, Burns is now in talks with the White House, which is led by a tech-savvy president and has a new-media team.
“We’re really at the convergence of a few different trends,” Burns said.
Among those trends are the federal government’s more-active role in areas such as banking regulation, and the Obama administration’s promotion of transparency in government. Also, infusions of capital to federal agencies handling major projects, such as the U.S. Department of Transportation, could bring the company more business.
GovDelivery was already on track to post record revenue this year. The firm met quarterly sales goals by the end of February and expects annual revenue for 2009 to range between $9 million and $10 million. That’s up from just less than $7 million in 2008. Burns has hired 10 employees in the past 90 days, bringing his staff to 52; he still has five open positions.
“It’s like we woke up and we’re in the only growing market in the world right now: government spending,” he said.
Good grief. Good times in St. Paul as well as in DC, as jobs expand with the federal bureaucracy. Millions of unionized in-it-for-life bureaucrats aren’t sufficient. They have to hire outside help as well.
Obama needs to investigate their “profit-to-earnings” ratio. I guess it’s okay to rake in tons of money if the taxpayers are footing the bill.