Monday, January 24, 2011

Twitter: $45 Million To $150 Million To $250 Million

Image representing Tumblr as depicted in Crunc...Image via CrunchBaseSo Twitter made $45 million last year, and it is projected to make $150 million this year. These numbers are a slap in the face of those who kept asking back in 2009, okay, so Twitter has all these users, but how will it ever make money?

Some of those pundits are saying the same about Tumblr. Well, these are going to be Tumblr's numbers two or three years from now, more like two. If you can get deeply engaged users, monetization is just a matter of time. The players that matter know that simple fact.

FourSquare Has 6,000,000 Users

Foursquare LogoImage via WikipediaFourSquare has put out a blog post that I urge you click over to. The post displays a cool infographic.

FourSquare has 6,000,000 users. That is awesome. The last I was keeping track they had a million users heading to two million. That is a rapid ascent.

I expect FourSquare to keep that pace. It has been a company to watch. The next five years are looking really good for the mobile web, and there FourSquare competes with itself.

An Ode To Steve jobs

Jack Dorsey Also Has A FinTech StartUp

Jack DorseyImage by Joi via FlickrGreat minds think alike. I have a FinTech startup. Jack Dorsey also has a FinTech startup. Square is a FinTech startup. But my FinTech startup is going to be bigger than Jack Dorsey's. I am giving Jack Dorsey five years to prove otherwise.

I am not making this up, but I thought of something like Twitter about six years before it actually showed up. I was thinking, there has to be a way for celebrities to interact directly with the fans. But I was not thinking 140 characters.

New York Times On General Assembly, The Coworking Space


TechCrunch: General Assemb.ly Scores $200,000 Grant To School Big Apple Entrepreneurs

When I was at the General Assembly on Friday, a team from the New York Times dropped by. They took my pictures too, but apparently pictures of me were meant for their private collection. This is the article they put out as a result.