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Twitter Investors Tire Of Your Silly Questions About Money

  • Wired, Monday, October 20, 2008 11:45 AM
A major executive shakeup at Twitter last week has people once again asking pesky questions about the company's future. Like does it have one? How will it make money? And When?

But Twitter investors don't find your questions amusing, and would like you stop asking now. "It's like the stupidest question in the world: How's Twitter going to make money?," said Union Square Ventures' Fred Wilson. "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."

Nice attitude, Fred. Meanwhile, Bijan Sabet, a general partner at Twitter-backer Spark Capital, told Wired that new revenue models will be unveiled in the first half of next year. So apparently the public isn't the only party thinking revenue would be a good thing for Twitter.

Read the whole story at Wired »

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