Could we soon see some crazy new developments from Twitter? Maybe not, but we might see some increased usage.Twitter's cofounder Biz Stone recently said that Twitter is on the road to raising its first round of venture capital funding. Big news from a company who's traffic rate has leveled off, and is not yet profitable. Twitter has attracted about 226,000 unique visitors in May, compare that to 94,000 in April, but down from 397,000 in February. Still not bad for a company that only launched last winter. Twitter is extremely focused on growing their network of users before making money, and they really don't have an evident business model as of yet.
As Stefanie Olsen mentioned, could Twitter be snapped up by Google before funding goes through, as Blogger was?
Reader Comments (Page 1 of 1)
6-29-2007 @ 1:03PM
Todd said...
Excluding a buy out by Google, Twitter will ultimately have in context advertising - like Kevin Rose's Pownce:
http://pownce.com/advertise/
Also, the people at Twitter are NOT doing the "pump and dump" method of just getting a bunch of user's and selling them off to the highest bidder.
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