Envato has passed $1 billion in community earnings after 14 years in business. The company reached the goal a year earlier than anticipated, thanks to the contributions of 81,000 different creators around the globe and millions of customers who have purchased products from Envato Market, Envato Studio, Envato Tuts+ and Envato Elements.
“To this day, we’re very proud that our community earns more money than our company does,” Envato co-founder Collis Ta’eed said. Last month Ta’eed stepped down from his position as CEO to pursue a new ethical chocolate e-commerce venture. He was replaced by former HotelsCombined.com CEO, Hichame Assi.