Twitter gets $35 million in new venture funds

02-15-2009, 05:37 PM

I thought this was interesting...

Twitter gets $35 million in new venture funds - Los Angeles Times

Neil Morgan · 02-15-2009, 05:45 PM

It will be interesting to see if they ever come up with a business model that makes money.

From that, it sounds like they spent the first $20 million already, and still haven't made a dime.

Cheers,

Neil

SiteFlipRemix · 02-15-2009, 05:53 PM

That's interesting. I guess with that news, people can stop brainstorming how Twitter can make money, because they obviously don't need it right now. They have plenty of time to figure that out, but I think I like their plan right now.

Keep it free until it goes critical mass and then throw some simple advertisements in the sidebar, and boom making millions from advertising in a very short time.

I like the simplicity of Twitter - it's a good strategy, keep it about the community right now.

Cash37 · 02-15-2009, 07:04 PM

This time next year, Twitter will be history.

Sunday February 15th, 2008.

askloz · 02-15-2009, 07:14 PM

Almost enough to start their own search engine.

TTTT.com (twitter this, twitter that).

successmindedgal · 02-15-2009, 07:23 PM

Nice to hear that news, Twitter is really doing well.

nathanj · 02-15-2009, 08:07 PM

I thought the easiest and most viable option would have been advertising... whether it be through a third party or they do it themselves just like facebook.

I guess that if they haven't done so already then this isn't an avenue they wish to go down.

Loco.m · 02-15-2009, 08:11 PM

Quote:

Originally Posted by Cash37

This time next year, Twitter will be history.

Sunday February 15th, 2008.

I don't see that happening

I'm happy to see the funding, as long as twitter.com stays up, I'm happy

bgmacaw · 02-15-2009, 10:50 PM

Quote:

Originally Posted by Neil Morgan

It will be interesting to see if they ever come up with a business model that makes money.

They have one. Keeping milking investors until some goober pays a mint for a service that has yet to make one red cent in revenue. Laugh as they fall on faces trying to monetize it while enjoying a tropical breezes and scantily clad women. Sounds like a pretty sound business plan to me.

RandyW32 · 02-15-2009, 11:11 PM

Wow that is so crazy!

02-15-2009, 11:16 PM

Quote:

Originally Posted by Neil Morgan

It will be interesting to see if they ever come up with a business model that makes money.
Neil

I think they will...

I've had a few $1000 plus months using Twitter. If I can do that--I'm pretty sure that Twitter's CEO's can pull it off.

I just hope they don't clutter the sight with advertising.

askloz · 02-15-2009, 11:18 PM

LMFAO... dude... 2008? Looks like they made it then.

Quote:

Originally Posted by Cash37

This time next year, Twitter will be history.

Sunday February 15th, 2008.

GoWeb · 02-16-2009, 05:09 PM

If twitter wanted to make money, they'd just puts subtle ads on the site. Weren't they offered $500M by Facebook and turned it down? Sounds like they can sell Twitter for millions if they wanted to. Twitter seems to be growing but it's fair to ask how long people will be excited about tweeting what they're doing. Marketers are flocking to Twitter to drive traffic to their blogs and niches.

AverageGuy · 02-16-2009, 05:34 PM

If it is true, I believe Twitter will regret, especially in this economy situation. Facebook was valued at about 15B, now, maybe just 1.3B for now and still going down. Maybe no one will offer Twitter $500M anymore, at least will not happen again in recent several years.

just my 2 cents.

david

Quote:

Originally Posted by GoWeb

Weren't they offered $500M by Facebook and turned it down? Sounds like they can sell Twitter for millions if they wanted to.

Mushin · 02-16-2009, 08:30 PM

Twitter is awesome proof that you don't need a revenue model for web 2.0 sites to get rich.

It's all about the users... people are still giving Twitter money even though they have no profit and nothing except a critical mass of users.

Jill Carpenter · 02-16-2009, 08:39 PM

Well, if the twitter guys are listening here's what they can do. Just add their own commercial interruptions on the free feeds. Small biz gets in for cheap ( you get to have 10,000 followers and follow 10,000) and big biz pays bucks for unlimited followers/following.

What people don't get is you can choose who is following you by manually approving (keeping your updates private), so you can choose selectively your clients and hand pick.

And if you get in before the new rules, you don't have to follow them. So there.

bgmacaw · 02-16-2009, 11:02 PM

Quote:

Originally Posted by Mushin

Twitter is awesome proof that you don't need a revenue model for web 2.0 sites to get rich.

It's all about the users... people are still giving Twitter money even though they have no profit and nothing except a critical mass of users.

Those who cannot remember the past are condemned to repeat it.

02-15-2009, 05:37 PM	#1
marcanthony Guest Posts: n/a	Twitter gets $35 million in new venture funds I thought this was interesting... Twitter gets $35 million in new venture funds - Los Angeles Times
marcanthony Guest Posts: n/a

02-15-2009, 05:45 PM	#2
Neil Morgan Senior Warrior Member War Room Member Join Date: Jun 2007 Location: Lanarkshire UK Posts: 2,487 Thanks: 98 Thanked 314 Times in 223 Posts Social Networking	Re: Twitter gets $35 million in new venture funds It will be interesting to see if they ever come up with a business model that makes money. From that, it sounds like they spent the first $20 million already, and still haven't made a dime. Cheers, Neil
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02-15-2009, 05:53 PM	#3
SiteFlipRemix Web Designer Join Date: Feb 2009 Location: Ottawa, Canada Posts: 62 Thanks: 9 Thanked 2 Times in 2 Posts Social Networking	Re: Twitter gets $35 million in new venture funds That's interesting. I guess with that news, people can stop brainstorming how Twitter can make money, because they obviously don't need it right now. They have plenty of time to figure that out, but I think I like their plan right now. Keep it free until it goes critical mass and then throw some simple advertisements in the sidebar, and boom making millions from advertising in a very short time. I like the simplicity of Twitter - it's a good strategy, keep it about the community right now.

02-15-2009, 07:04 PM	#4
Cash37 Senior Warrior Member War Room Member Join Date: Jul 2006 Location: North Carolina, USA. Posts: 2,100 Thanks: 148 Thanked 179 Times in 104 Posts Social Networking	Re: Twitter gets $35 million in new venture funds This time next year, Twitter will be history. Sunday February 15th, 2008.
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02-15-2009, 07:14 PM	#5
askloz DailyTradingSystem.com War Room Member Join Date: Mar 2008 Location: United Kingdom. Posts: 2,766 Blog Entries: 3 Thanks: 151 Thanked 264 Times in 207 Posts Social Networking Contact Info	Re: Twitter gets $35 million in new venture funds Almost enough to start their own search engine. TTTT.com (twitter this, twitter that).
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02-15-2009, 07:23 PM	#6
successmindedgal Warrior Member Join Date: Jan 2009 Posts: 15 Thanks: 0 Thanked 1 Time in 1 Post	Re: Twitter gets $35 million in new venture funds Nice to hear that news, Twitter is really doing well.
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02-15-2009, 08:07 PM	#7
nathanj Insert Witty Title Here War Room Member Join Date: Jun 2007 Location: Adelaide, Australia. Posts: 651 Thanks: 6 Thanked 4 Times in 4 Posts Contact Info	Re: Twitter gets $35 million in new venture funds I thought the easiest and most viable option would have been advertising... whether it be through a third party or they do it themselves just like facebook. I guess that if they haven't done so already then this isn't an avenue they wish to go down.
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02-15-2009, 11:11 PM	#10
RandyW32 Active Warrior Join Date: Feb 2009 Posts: 38 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Twitter gets $35 million in new venture funds Wow that is so crazy!

02-16-2009, 05:09 PM	#13
GoWeb Warrior Member Join Date: Oct 2008 Posts: 12 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Twitter gets $35 million in new venture funds If twitter wanted to make money, they'd just puts subtle ads on the site. Weren't they offered $500M by Facebook and turned it down? Sounds like they can sell Twitter for millions if they wanted to. Twitter seems to be growing but it's fair to ask how long people will be excited about tweeting what they're doing. Marketers are flocking to Twitter to drive traffic to their blogs and niches.
	Twitter Marketing SMS Script

02-16-2009, 08:30 PM	#15
Mushin Active Warrior War Room Member Join Date: Feb 2009 Posts: 50 Thanks: 7 Thanked 4 Times in 4 Posts	Re: Twitter gets $35 million in new venture funds Twitter is awesome proof that you don't need a revenue model for web 2.0 sites to get rich. It's all about the users... people are still giving Twitter money even though they have no profit and nothing except a critical mass of users.

02-16-2009, 08:39 PM	#16
Jill Carpenter aka Avenuegirl War Room Member Join Date: Feb 2008 Location: Right where I want to be... Posts: 5,424 Blog Entries: 23 Thanks: 1,337 Thanked 1,872 Times in 1,079 Posts Social Networking Contact Info	Re: Twitter gets $35 million in new venture funds Well, if the twitter guys are listening here's what they can do. Just add their own commercial interruptions on the free feeds. Small biz gets in for cheap ( you get to have 10,000 followers and follow 10,000) and big biz pays bucks for unlimited followers/following. What people don't get is you can choose who is following you by manually approving (keeping your updates private), so you can choose selectively your clients and hand pick. And if you get in before the new rules, you don't have to follow them. So there.
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