Looks like it's time to get serious for Twitter. WSJ reports the COO is now the CEO. Interesting how his focus was leading advertising initiatives. Why? Because so far I have to say that after 4 days of using Twitter I rather enjoy the lack of clutter.
http://bit.ly/blAmt2
But like any other business we examine at Rady, the financial bottom line rules. Sure the company can raise money. The question is can they make money for the investors!?
I think that is the real challenge lots of these sites are facing: how can they make money, without cluttering their space and driving away users. So far Twitter has had a few successful ideas, such as 'promoted tweets', which apparently sold for 100K and up.
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