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Monday, May 18, 2009

Twitter App Investors Still Writing Checks: StockTwits Raises a Round

stocktwits-logoNope, Twitter still hasn’t trotted out a business model yet, and that may or may not be a problem for potential acquirers like Google or Microsoft. But it’s a nonissue for a growing number of start-ups hoping to succeed simply by positioning themselves in Twitter’s general vicinity. Today’s example: StockTwits, a day-trader-meets-Twitter site that just raised $800,000 from venture capital firm True Ventures.

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Wednesday, December 17, 2008

Twitter Launches Another Business It Doesn’t Make Money From: Trading Site StockTwits Raises $800,000

Twitter’s executives and investors tend to roll their eyes when people ask them when they’re going to start, you know, generating revenue. Maybe that’s because there’s a really obvious answer: Start collecting money from the many companies that are using Twitter’s infrastructure and service to create their own businesses. Newest example: StockTwits, a Twitter-based bulletin board/chat room for individual investors

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About Peter

Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.

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Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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