Good news (potentially) for T. Rowe Price and the other investors plowing $100 million into the revenue-free start-up: The service’s users absolutely love clicking on ads, says a new study.
It’s one of those mysteries that are so deep, so mysterious, they may never be solved: When Twitter co-founder Biz Stone says the company would “like to leave the door open for advertising,” what exactly does he mean? My guess: Twitter would like to leave the door open for advertising. Meanwhile, the company cracks down, a bit, on spammy apps.
Yes, you can still get someone to invest in a Web start-up with zero revenue. It helps if you can insert the word “Twitter” into your pitch, though. Meet TweetDeck, a one-man outfit that makes free software that organizes your Twitter stream.
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. Read more »
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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