Stone Tweaks Twitter Stance

biz-stone.jpg

Co-founder Biz Stone wrote a blog post that elaborates on a suggestion he made earlier about monetizing Twitter. The crucial stuff:

“Twitter will remain free to use by everyone–individuals, companies, celebrities, etc. What we’re thinking about is adding value in places where we are already seeing traction, not imposing fees on existing services.”

So businesses already using Twitter can chill: they won’t be charged extra for what they’re already doing. Stone seems to be saying — and we write that tentatively, because he leaves a lot of room for interpretation — that only add-ons will cost anything, unless he means Twitter plans to bring ad support to high-traffic areas. (Hot hash tags and Summize search results look prime for this.)

“[We] hope to begin iterating on revenue products this year,” he added.

Sounds like Jeff Bezos et al. are starting to tap their watches.

Picture of Steve Hall

Steve Hall

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