Rumours of an imminent Twitter sale to some of the big boys (Google, Facebook, and Microsoft to name but a few) have been spreading like wildfire around the social networking world for ages. However, Biz Stone, one of the founders of Twitter, making an appearance on a TV show has tried to put an end to the rumours. When asked if he was planning on selling Twitter, the answer was a categorical "No."
He added, "We´re just getting started as I´ve said. The company is two years old, we have so much to do, so much product stuff to fix, and so much growing to do."
He´s certainly got lots of work to on in terms of building a viable busines model round the tweeting technology. So far, Twitter has been very well funded by investors but has not yet proved it can turn its massive user base into significant returns.
Read more here.
Subscribe to:
Post Comments (Atom)
Followers
Blog Archive
About Me
- Matt Holt
- London, United Kingdom
- Matt is Business Director at Kinship Networking. Kinship Networking is a completely new type of marketing agency, dedicated to using social media to help businesses to build stronger social relationships with their customers, employees and shareholders. After graduating with a degree in Management Science, Matt occupied various marketing roles for companies such as Microsoft and Reuters. He then joined Ogilvy where he worked above and below-the-line on BT, Cancer Research UK and First Great Western. Most recently he joined Stephens Francis Whitson, a specialist direct marketing agency, where he worked on a number of accounts including O2, More Th>n and Rocco Forte. Matt has worked on a number of new business ideas within the social networking arena, including the development of a site aimed at helping people stay in touch with their various groups of friends, at the start of 2001.
No comments:
Post a Comment