Evan Williams, Twitter’s CEO: Still No Revenue Model
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[Web 2.0 Summit] John Battelle asked Evan Williams twice about Twitter’s revenue model, and did not get any clear answer, beside the fact that 90% of the company effort is focused on improving the technology. Evan stated that he does not regret to have refused the Facebook revenue offer. He also said that Facebook came first with the news feed model that now looks more like Twitter.
The two big areas of growth for Twitter are the Mobile and the International user base, with a significant increase in traffic in Brazil, Indonesia and Japan, the U.S and the U.K being the leading markets. Twitter.com web traffic is slowing down. Twitter recently signed an agreement with the major mobile carriers in Indonesia and Japan.
John Battelle pointed out that Twitter could do a better job at providing real value to third party developers that are building great tools such as TweetDeck (or HootSuite). Currently, they are holding back their development investments due to an fuzzy vision on the revenue model. Evan Williams said that the revenue model is one of the things on his priority list. When asked about the no-tweet clause in the Hollywood studios new contracts with actors, he said that it is certainly not on top of his list.
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