Twitter To Start Charging Companies For Having An Account?
Companies using Twitter for commercial purposes may soon start getting charged for that activity, according to an interview British trade magazine Marketing (part of BrandRepublic) held with co-founder Biz Stone.
This is what Stone reportedly said:
No big surprises there, as this is often cited as one of the most obvious moves Twitter could make to start generating revenue, although many are expecting more from the startup who has become notorious for its lack of an apparent business model even after nearly 3 years of existence. Stone also said they will not start charging individual users, and that the move could "create revenue-generating features to tap into the way brands use Twitter as a hybrid marketing and customer-service tool."
Stone did not give any details regarding pricing or the specific way Twitter would go about charging users and for what exactly. As a reminder: the startup has raised $20 million in venture capital to date and recently turned down an acquisition offer from Facebook.
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