Friday, November 27, 2009

Twitter might introduce publicity and go out to bag

Twitter, one of the principal social networks in Internet, studies to go out to bag to collect funds if it is necessary, said Biz Stone, one of his founders. The company, of three years, already is achieving some income and on them it will concentrate next year. According to the proper Stone, “2010 is going to be really the year of the results.

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In September Twitter received investors' income as the fund T. Rowe Price and the company of private capital Insight Venture Partners, what according to analysts prepares the way for a possible share offer of sale (OPV). According to different sources, the company might cost approximately 1.000 million dollars thanks to the new obtained funds for 100 million dollars.

Biz Stone said to journalists that he did not want to sell the company, but that he would explore the alternatives to an initial share offer. This way, in an entrepreneurs' workshop he affirmed that “the matter is that we want to construct our own company that lasts a lot of time. If an OPI is the way of making it, of that time insurance. We still have not discarded it of our calendar”.

Also, he affirmed: "Definitely we are not interested in selling the company”. Nevertheless, also he said in the Oxford University that “if an OPV is the only way, insurance of that time. But if there is another way that also would be fantastic. Perhaps a new way arises”.

The founder did not want to contribute details on how Twitter would introduce publicity next year, but it pointed from that it would be different from the traditional forms of publicity online, that include graphic announcements and sponsored searches. When one asked him for the dangers at which his tens million visitors should take offense for the decision of introducing publicity, Stone affirmed: "He is going to love to the whole world. It is going to be amazing”.

Image CC of Mykl Roventine

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