
- Image by jdlasica via Flickr
Twitter co-founder Biz Stone has been on quite a press tour of late, giving us bloggers and journos plenty to talk about.
In his latest stop off, Tel-Aviv, the entrepreneur has confirmed more acquisitions are in the pipeline for 2010.
âThat is something we are definitely interested inâŠWe made an acquisition last year that turned out to be an outstandingly good decision.â
âAs our attention is grabbed by some of these developers, we will take a hard look at them,â Stone said.
Twitterâs only acquisition as yet was Summize in 2008, now simply known as Twitter Search.
Stone also addressed Twitterâs ambitions to make 2010 a drive towards profitability, potentially through ânon-traditional advertisingâ, something weâve delved into here.
â2010 is really going to be the revenue year,â he said. âI donât know if weâre going to be profitable, but we have plenty of timeâ
âWe are making some money today, but itâs just the beginning,â Stone said.
Current revenue comes from companies paying to use Twitterâs data, these include partnerships with Google and Microsoft.
On Monday, Stone said he definitely doesnât want to sell the company but may pursue an initial public offering or an alternative.âThe point is, we want to build our own company that will last for a long time. If an IPOâs the way to do that, then sure. We donât have it checked off on the calendar yet.â
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