According to TechCrunch, Twitter is poised to raise another $50-million – a move that will give it a $1-billion valuation. Given Twitter still has about $30-million in the bank and about 50 employees, why does Twitter need another $50-million othen than giving itself another five years of burn. Here are some ideas:
1. It’s going to hire an army of salespeople after finally deciding to embrace the reality that advertising will generate lots of revenue and, as a result, provide it with a business model.
2. Twitter will go on a spending spree, picking up all the cool and popular services such as Tweetdeck, TwitPic, Mr. Tweet and StockTwits. Howard Lindzon will become a Twitter employee, demand too many stock options, and be restructured.
3. It will aggressively move into the enterprise market, which will require Twitter to build a large consulting organization to meet demand and do customization work. In the process, Twitter will hammer Yammer.
4. Twitter will make another major investment in its infrastructure to handle strong growth. As well, it will make a make investment in technology such as anti-spam.
5. Biz Stone, Ev Williams and Jack Dorsey will give themselves huge raises to reflect their status as the rock stars of social media. They’ll use some of their Twitter Dollars to buy second-hand corporate jets from Larry Page and Sergey Brin.
6. Twitter will buy TechCrunch to move into the content business and, as important, guarantee itself even more coverage.
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What Does Twitter Do With $50 Million?
According to TechCrunch, Twitter is poised to raise another $50-million – a move that will give it a $1-billion valuation. Given Twitter still has about $30-million in the bank and about 50 employees, why does Twitter need another $50-million othen than giving itself another five years of burn. Here are some ideas:
1. It’s going to hire an army of salespeople after finally deciding to embrace the reality that advertising will generate lots of revenue and, as a result, provide it with a business model.
2. Twitter will go on a spending spree, picking up all the cool and popular services such as Tweetdeck, TwitPic, Mr. Tweet and StockTwits. Howard Lindzon will become a Twitter employee, demand too many stock options, and be restructured.
3. It will aggressively move into the enterprise market, which will require Twitter to build a large consulting organization to meet demand and do customization work. In the process, Twitter will hammer Yammer.
4. Twitter will make another major investment in its infrastructure to handle strong growth. As well, it will make a make investment in technology such as anti-spam.
5. Biz Stone, Ev Williams and Jack Dorsey will give themselves huge raises to reflect their status as the rock stars of social media. They’ll use some of their Twitter Dollars to buy second-hand corporate jets from Larry Page and Sergey Brin.
6. Twitter will buy TechCrunch to move into the content business and, as important, guarantee itself even more coverage.
Any other suggestions?