- Wired, Tuesday, October 20, 2009 2:32 PM
Twitter is on track to earn $4 million in revenue this year, according to
Wired magazine. Not a mind-blowing figure, but not bad for a company that at least feigns utter naivety. "If there are
three sentences I'd use to describe Twitter," co-founder Biz Stone tells
Wired, "One of them would be 'I don't know.'"
The company has serious international ambitions, which it
intends to realize through deals with telecoms that build Twitter into browsers or texting options. How's it going to start raking in the cash? In no time at all, Twitter is going to have verified
accounts, plus analytics to help companies look at discussions on Twitter. There's search revenue, and it will have a lot of precious data on people.
Read the whole story at Wired »