4 ms·
It is going to be painful when any free service starts wanting to make money.
by nell 14y ago
It is going to be painful when any free service starts wanting to make money.
- kennywinker 14y agohttp://venturebeat.com/2011/09/29/twitter-financials/ http://venturebeat.com/2011/09/29/twitter-financials/ 2010: $45 million 2011: $140 million 2012: ?? Sounds like they're doing ok to me.
- nell 14y agoRevenue, sure. Profitability?
- kristianc 14y agoIt does sound slightly less when you consider they've taken nigh on a billion in funding.
- stevencorona 14y agoTwitter has 1000 employees, at 100k a pop (with taxes, benefits, it's prob higher) that's 100mm/year in salary expenses alone. Let's talk servers, bandwidth, office space, and they dive into the red really fast.
- rapind 14y agoWait, why the frik do they have 1k employees?
- kennywinker 14y agoHoly crap that's a lot of employees. I was imagining something like 100-200 at most, which leaves plenty of $$ to pay for servers etc. I wonder what all those employees are doing.
- motoford 14y ago>> I wonder what all those employees are doing Finding new ways to limit the api and shoot themselves in the foot.
- Spytap 14y agoIt's an interesting theory though: critical mass matters less to users (in a business sense - obviously it matters from the expectations of community standpoint) than it does to other potential partners. The user expectation of Twitter is that it will remain free, but maybe it's worth something to Tumblr and FB to have access to that mass. If successful, it can get very interesting from a business perspective.