Assume Twitter has four or five plans to make money
New York venture capitalist Fred Wilson is sick of answering questions about how his firm's most notable investment, Twitter, will ever make money. "The No. 1 question I get about Twitter is, how do you monetize it?" Wilson told the Deal's Alain Sherter. He continued:
Twitter is no different from other user-generated content, like Flickr, YouTube, Del.icio.us, Blogger, WordPress, TypePad. Those businesses are good businesses. People who can't wrap their heads around trying to monetize these businesses aren't trying that hard. It would be naive to assume that the management teams of Twitter or FriendFeed or Disqus don't have four or five strategies for monetization in their business plans that they are evaluating.