Yes, what the title says. Actually, Twitter has made it public that they are in no rush to come up with a revenue model. I know their funder want Twitter to focus on growth instead of revenue, but shouldn't they at least hire a team to focus on potential revenue models. What if Twitter dies down? What if another version of Twitter emerges? You just never know what will happen, esepcially when the economy is so volatile.
Twitter! Here is my suggestion. Just do your research on the two possible revenue models you've been talking about (and hire a few more employees in the process since you only have 60 employees working on a product with 6 million users), and start collecting the cash before anything goes bad!
For those of you who are too lazy to click on the link below to read about the two potential revenue models:
- Charge corporations or even regular users a fee to use the service.
- Charge companies a fee to utilize the Twitter search service, which allows them to find out what Twitter users are saying about their products.
At least Twitter understands selling advertising space is not a strong revenue model anymore!
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