It has 55 million users and no business model. But that’s a touchy subject.
Ask Evan Williams whether Twitter ought to be trying harder to identify ways to make money, and the founder of the short-burst messaging network just laughs.
“It’s funny,” he says, in a mid-October interview in the young company’s warehouse-like offices in a gritty part of San Francisco’s South of Market neighborhood. “People think we’re back here in the office looking around saying, ‘Where is that business model? Is it in the couch cushions?’ There’s a very logical process we’ve gone through, and you could say we’ve set the wrong priorities. But if you look at building long-term value, then generating cash isn’t necessarily the highest priority.” Read the rest of the story here.