Twitter Doesn’t Make a Penny and Thrives
Twitter, the darling of web entrepeneurs everywhere, may be one of the few networking outfits that are not sweating the economic doldrums.
Though they still lack a revenue stream, Twitter is propped up with $20 million in venture capital and they recently refused a Facebook buy-out of a half-billion dollars. Who knew such confidence could come from 140 characters of synaptic brain firings?