4 ms·
I wonder how well Twitpic is doing revenue and profits wise and how much that affected the decision? It's hard to believe only the patent issue is the cause he
by jkaljundi 12y ago
I wonder how well Twitpic is doing revenue and profits wise and how much that affected the decision?
It's hard to believe only the patent issue is the cause here. Open closing down announcements are nice, but should list all the facts and circumstances, not try to spin it PR wise.
- tim333 12y agoI was wondering that - maybe they are losing money and low on cash. There don't seem to be any patent issues - only that Twitter does not want them to register Twitpic as trademark which I can understand.
- poopsintub 12y agoA 2010 interview with Mixergy, the founder Noah Everett stated: "TwitPic is generating $1.5 to $2 million in ad sales on an annual basis, with 70% profit margins. It was roughly similar revenue in 2012. In interview last month, he said his other company, Pingly will revolutionize email. He's changing focus on something that has real revenue potential and possibly good VC?