Asked by I Want Media, "How will Twitter make money?", Twitter CEO Jack Dorsey basically said he doesn't know:
"Twitter has potential for different monetization paths. We think the best one is something that emerges organically. We listen to how people use Twitter and establish patterns around that. By considering that we can make those patterns more convenient and potentially charge for those.
"We have noticed that Twitter has a lot of commercial usage. That's very interesting to us. Twitter has a lot of people asking questions, which is also very interesting. Twitter also has a lot of people providing answers, some of which are commercially driven. So these are all things that we take into consideration.
"But we don't want to force any particular model onto the user base until we feel comfortable doing that. We don't want to do it too soon -- and we definitely don't want to do it too late. But the time is not right now."
These are tough times, indeed, but it does show how the Buzz Thing of The Moment has a ways to go toward real viability.
Thursday, October 09, 2008
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