Twitter CEO Tries to Explain Revenue Model
Have fun trying to decipher this. At the recently concluded Web 2.0 Summit, author John Battelle asked Twitter CEO Evan Williams about Twitter’s elusive revenue model. Ev’s answers were equally elusive, to say the least.
Best soundbite: Twitter content is “theoretically monetizable”. I’m all for investing “ninety-seven percent” of your resources in improving the user experience — but that user experience improvement has to pay out at some point. As one of my favorite IBM commercials goes, the point of innovation is to make actual money.
Related posts:
- MSN Video releases new version with ad delivery model
- Twitter gets funding from Union Square Ventures
- Twitpocalypse, another useless Twitter site begging for 5 minutes of fame.
- Webwag launches mobile Twitter widget
- Twitter to Release Retweet Support
[...] startup, built entirely around artificial character limits, reliant on celebrity users, with no business model, boasting a billion-dollar valuation? I don’t know about you, but that sounds pretty [...]
By Twitter Trick or Treat | 901am on October 28, 2009 9:44 am