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Twitter Nab $100,000,000

by GuerrillaIM
4 replies
I just saw a news report that said twitter are reported to have just received $100,000,000 of investment.

It leaves the big question, why do they need this money, and what do they plan to do with it? Expanding into other services perhaps?
#$100 #nab #twitter
  • Profile picture of the author winebuddy
    100 mill for a company that only lets you post 140 characters at a time???

    Uhhh - maybe they are going to buy new cars, build a building, do a big cash giveaway to attract more subscribers, and then go public and cash out?

    No wait - maybe they are going to UP the number of characters per post to 160?
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  • Profile picture of the author Mukul Verma
    I never got this, people are throwing money at companies that do not monetize yet.

    The dilema FB and You Tube are facing, dont investors learn?

    Mukul

    PS - Maybe they will up it to 160 characters.
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    • Profile picture of the author Kelvin Nikkel
      This just goes to show that Twitter is not going anywhere. They are going to be here for some time to come.
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      • Profile picture of the author Sean A McAlister
        A simple adsense bar on the side, perhaps modified a bit should do the trick.

        A gazillion people visiting the bluebird on a daily basis....at like 10 cents a click should bring in at least $20 per day.
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