Rants And Ramblings About Mobile Technology
Anders Borg writing about the fun and crazy world of mobile and Internet service technologies.
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Wednesday, March 03, 2010
Twitter expands
Today’s newsletter from Twitter says they now have 140 employees. That’s a cost of roughly $10M per year, so either they have that level of revenue and/or investors are pumping in that money. I hope the first. As indicated in How to make money from social networks, they should be able to get a sizeable revenue by now, but if it’s at this level I don’t know.
It also says there are something like 70k Twitter applications. That’s an astounding figure. On the negative side, how many of those are profitable in any sense of the word? My own Twitizer is not, except for scraps of ad revenue. It’s really a showcase (that’s at least my excuse), but I’m now considering an opportunity to monetize it. Press release about that is being written as we speak.
This diagram might be interesting, showing the number of Twitter updates over time.
