Making Money For Twitter.
What better way to start the first post of 2009 by talking about making money by a potential online giant.
Making Money is the universal past time and gaining importance today, more than just a couple of years ago. Just ask Twitter what they’re doing to find their pot of gold. Google did it putting them into the big leagues of online income generation. Can Twitter acccomplish this? Will they go the big public financing route?
My opinion, there’s something cooking at Twitter. There’ve been changes to the leadership. The action can’t be long in coming.
“Eventually Google was going to make money and they figured out how to do it and they figured out a great business, and I think the same thing is true with Twitter. There are a number of new products and services in addition to the new business models that have been discussed and are currently in the works, says Sabet, but he wouldn’t go into any specific detail.”
The company raised about $15 million this summer giving it a total of around $20 million in resources and a valuation of about $80 million…read more from Wired here.
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