You are here: silicon.com > Networks > WebWatch

WebWatch

Twitter: 'When people shut up about it, we're a success'

Co-founder talks business models and being patient

Tags: jack dorsey, business, twitter

By Caroline McCarthy

Published: 4 June 2009 09:11 GMT

Twitter executive Jack Dorsey says he's looking forward to the day when the world stops talking so much about the company he co-founded.

"I think Twitter [will be] a success for us when people stop talking about it, when we stop doing these panels and people just use it as a utility, use it like electricity," said Dorsey, who was on a Future of Media panel on Wednesday as part of Internet Week New York. "It fades into the background, something that's just a part of communication. We put it on the same level as any communication device. So, email, SMS, phone. That's where we want to be."

But Dorsey, who served as the company's CEO until he stepped down last October (retaining his chairman post), did say he isn't tired of people asking him what Twitter's business model will ultimately be - a persistent nag among pundits who are sceptical of how fast it's risen without a clear way of making money. He said the reason why Twitter hasn't come up with a business model yet is because the company needed to let users and developers shape it first.

"I like that question because it speaks to how Twitter came to be," Dorsey said. Many features of Twitter were "behaviour(s) that we did not invent. That was usage that we saw, that we made easier. The hash tags that you're seeing today, same thing. The search engine was something that was outside the company".

It's sort of a Catch-22, if Dorsey is to be believed: Had Twitter rushed in with a moneymaking strategy early on, it could have hampered the company's growth. "We took VC money so that we can be patient in that endeavour, and we're going to be patient, we're going to do it right," he insisted. "We're not going to put something on top of it that doesn't fit."

Original article: Twitter co-founder: We'll have made it when you shut up about us from CNET News.com

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Rate airports, and see what others have to say...

Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable

Peter Cochrane Peter Cochrane's Blog: United breaks guitars? Customer service has changed forever


  • Jobs
GERMAN E-COMMERCE OPERATIONS SPECIALIST

for Sales team Propose evolutions of systems to better suit European operationsYour talents: Fluency in German with excellent English skills ...

Commissioning Engineer, HV Switchgear And Control

Is involved specifically with Electricity Transmission & Distribution. Key skills/experience for the Commissioning Engineer - Switchgear and ...

SEO Consultant

You will take on account management responsibilities for an established client portfolio, as well as spending some of your time working on new ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: