Twitter’s end

Twitter may not be long for this world unless the free social networking and micro-blogging site can find more revenue.

According to Dan Farber’s “Outside the Lines” blog, Twitter is running short of funds and its service has recently become erratic.”Twitter will become a sustainable business supported by a revenue model,” stated co-founder Biz Stone in a recent blog posting, adding that about USD15m in private funding is pending.

“To reach our goal, Twitter must be reliable and robust,” Stone added. “Private funding gives us the runway we need to stay focused on the infrastructure that will help our business take flight.”

Published by Reinout te Brake

Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry. Check out his games podcast; https://www.game-consultant.com

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