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Twitter lands 35 million in VC funding

February 13, 2009

Twitter just did a land grab of 35 million in VC funding, an amazing feat for a company with no revenue model. From their blog post:

“We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products. Throughout this year and beyond, our small team will grow much bigger to meet the challenges and opportunities ahead.”

Sounds great…. where’s the revenue model? Seriously that is the biggest concern. Twitter is looking more and more like a 1990′s .com startup rather than a valid company. Normally most companies have some source .. or at least a plan.. to generate revenue. Twitter’s plan is for pure traffic. Fine… but at one point you need to start generating money or we have a pets.com problem on our hands.

Written by TheFounder · Filed Under Advertising Agency News 


Comments

  • http://wethepeopleoftheunitedstatesofamerica.com/ Bill

    Twitter is in its 4 round of funding and has generated $55 million in start up capital without making one dime. They are hoping to create a revenue model with Spark Capitals $35 million in investment. They don’t have a monetization model and rumors state that Twitter is gearing up to charge commercial users a subscription fee. If you take a hard look at this economy and technology, one player that is making money is Google. Internet advertising is a $57 billion dollar industry and growing. Google & Yahoo both recently stated that the future in is “human edited search” and strategic investments in startup companies like Boomja.com may worthy investments for the future. Check out this article by David Krechevsky; http://www.rep-am.com/articles/2009/02/12/business/397274.txt, David may have stumbled on to the future of search and http://www.Boomja.com has a monetization model that works. Besides, Boomja.com will create limitless content and limitless jobs.

  • http://wethepeopleoftheunitedstatesofamerica.com Bill

    Twitter is in its 4 round of funding and has generated $55 million in start up capital without making one dime. They are hoping to create a revenue model with Spark Capitals $35 million in investment. They don’t have a monetization model and rumors state that Twitter is gearing up to charge commercial users a subscription fee. If you take a hard look at this economy and technology, one player that is making money is Google. Internet advertising is a $57 billion dollar industry and growing. Google & Yahoo both recently stated that the future in is “human edited search” and strategic investments in startup companies like Boomja.com may worthy investments for the future. Check out this article by David Krechevsky; http://www.rep-am.com/articles/2009/02/12/business/397274.txt, David may have stumbled on to the future of search and http://www.Boomja.com has a monetization model that works. Besides, Boomja.com will create limitless content and limitless jobs.

  • http://www.techfieber.de/2009/02/13/microblogging-twitter-bekommt-35-mio-finanzsspritze/ MicroBlogging: Twitter bekommt 35 Mio Finanzsspritze | TechFieber | Hot Gadgets. Smart TechNews.

    [...] Twitter lands 35 million in VC funding | Tribble Ad Agency : Share and Enjoy: [...]

  • http://www.techfieber.de/2009/04/04/google-kauft-twitter-update-nicht-mal-fur-eine-milliarde-wurde-twitter-verkaufen/ Neue Spekulationen um Twitter Übernahme: Selbst eine Milliarde Dollar wäre zu wenig | TechFieber | Hot Gadget Blog. Smart Tech News.

    [...] Twitter lands 35 million in VC funding | Tribble Ad Agency : [...]

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