Re:Ask HN: Examples where you make something people want, bu...
by nico on Sunday December 06, 2009 @05:40PM
(#980282)
Twitter
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Re:Ask HN: Examples where you make something people want, bu...
by drp on Sunday December 06, 2009 @06:56PM
(#980384)
I very strongly doubt that they will be unable to profit. They've just managed to rack up so much funding without doing so that they haven't made it a short time priority yet. If they had no master plan for huge profitability only idiot VCs would continue investing.
Re:Ask HN: Examples where you make something people want, bu...
by johnrob on Sunday December 06, 2009 @07:27PM
(#980417)
If anyone has an idea for how they will make money, they are keeping them to themselves. I haven't heard of a single plausible idea.
Re:Ask HN: Examples where you make something people want, bu...
by javery on Sunday December 06, 2009 @07:49PM
(#980440)
Twitter will make money using premium accounts, selling access to the stream, selling their own premium clients, and selling targeted advertising.
Re:Ask HN: Examples where you make something people want, bu...
by waterlesscloud on Sunday December 06, 2009 @07:43PM
(#980431)
You know they have considerable income right now, right?
Re:Ask HN: Examples where you make something people want, bu...
by dnsworks on Sunday December 06, 2009 @11:17PM
(#980701)
Still, VCs can waste a lot of money on a bad idea with no real plans of revenue generation. Boo.com & Napster were both great examples who burned around $120m each (Boo's revenue strategy was apparently to spend $120m wooing big names in the fashion industry and throwing parties, whereas Napster's strategy was to spend $120m getting sued for enabling music theft).