10 years after the Company’s launch Twitter has been valued at $32 billion but has yet to produce a profit. The company has struggled throughout its entire existence to monetize it’s large user base. This editorial explores how it might be possible for Twitter to pursue greater democratization through open source to grow its userbase, then monetize the platform through support services.
From the article:
Perhaps donating Twitter to the open source community would give the company more time to concentrate on the real money-spinning aspects of the service – the training, the strategy planning, the support – because plenty of people make a living out of Twitter. It just isn’t Twitter itself.