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Twitter Profit

Soldato
Joined
16 Apr 2007
Posts
23,489
Location
UK
Hey all,

Just a quick question that popped into my head recently...

There are no ads on Twitter - and they must have to spend lots and lots of moola to keep the site alive and kicking...

Where are they getting this moola? If there are no ads on Twitter - where are they making money from?

Marky
 
It's all venture capital so far. It's a bit like the South Park underpants gnomes episode.

Stage 1. Steal underpants
Stage 2. ...
Stage 3. Profit!
 
BusinessWeek said:
Twitter's search deals with Google and Microsoft made the company about $25 million - enough to turn Twitter into a profitable business in 2009. According to these reports - which Twitter did not comment on - the deal with Google made Twitter about $15 million this year and a similar deal with Microsoft generated about $10 million in revenue.
 
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