Big Winner

Biz Stone is the co-founder of Twitter, the microblogging/messaging service which is probably one of the top five hottest startups today. Klaus Holzapfel posted some insightful notes from a meeting with Biz, including an insightful comment regarding monetizing the service:

How does Twitter monetize?
I asked Biz about his plans for future revenue models for Twitter. He stated that there is a revenue stream via SMS that they will increase with additional use of Twitter. It doesn’t sound like Twitter currently has a premium user model in mind and Biz is certainly smart enough to not plaster Twitter with advertising. But he mentioned that some companies are getting a significant benefit out of Twitter and that they might try to monetize that in the future.

Source:
http://www.conceptbakery.com/blog/2008/10/09/meeting-biz-stone-at-the-aloha-summit/

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