Twitter now profitable thanks to deals with search engines: report

Twitter could well be getting $25 million by allowing Google and Microsoft’s Bing to index its Tweets.

Bloomberg BusinessWeek said in a report the multiyear deals mean Twitter is now profitable. Two unnamed sources told the magazine the company will be able to deliver a “small profit” for 2009 thanks in part to the agreements.

Twitter has raised about $155 million since it was created three years ago. According to entrepreneurs and investors, Twitter probably needs about $20-$30 million dollars to operate a year.

Ultimately, the challenge for Twitter is to add some form of advertising, but without negatively affecting the flow of comments and its simplicity. And that’s something you don’t want to mess with.

http://thenowledge.com/2009/12/21/twitter-now-profitable-thanks-to-deals-with-search-engines-report/

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One thought on “Twitter now profitable thanks to deals with search engines: report

  1. Pingback: Tweets that mention Twitter now profitable thanks to deals with search engines: report « Stevevirgin's Blog -- Topsy.com

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