
Yesterday at the 140 Twitter Conference in LA, Biz Stone laid to rest the constant worry of invasive advertising has been laid to rest, at least for this year. In response to the topic, Stone said “We’re just not thinking about that just yet.” Of course, Twitter has just taken a new round of financing valuing the company at around $1 billion dollars. What you can take from both pieces, is that indeed Twitter has a monetization plan in place, it’s just that advertising is not it.
Of course, there are a number of companies that are working on advertising on Twitter, but for the moment they remain 100% third party, away from the main Twitter corporate team. You almost wonder if Twitter is going to miss the boat on one of these ventures, and have to buy something back later for a premium that they could have just built for themselves.
Twitter is, at least we have been told, is prepping a system of paid accounts for brand, companies, and other power users to extract more value out of the system. This will surely raise large sums for the company, and will …