Twitters popularity is growing quickly. The site’s membership has increased by 900% in one year! It is being used not only to stay up-to-date with friends, it is also being used for marketing, as a news source and as a way to get just about any information instantly; short and tweet…
I just read a tweet stating that twitter received another $35 million in venture capital. This money is added to $20 million from past investments. Yet twitter currently makes no money at all! They don’t sell advertising and their service is free to users. Interesting.
But investors obviously see money-making potential in twitter. It will be interesting to see how they will make a profit for their investors. Hopefully the inevitable changes will be positive for users.
Sorry to long;-)
And happy Friday the 13th!