[lbo-talk] much atwit about twitter

[Bob Morris]

>
>  is twit another one of those sites that doesn't support itself through ad
>> revs?
>>
>
> They're supposed to start selling ads by the middle of next year. Right
> now, their income is about $0.
>

OTOH Facebook just stopped development on their PayPal killer, because their
ad revenue is going through the roof and they want to focus on that instead.

thanks to a sudden uptick in brand and self-service sales, Facebook's ad sales
team
<http://www.businessinsider.com/facebook-state-of-affairs-2009-9#> is -- in
the words of one source -- “beating the shit out of its numbers."

http://www.businessinsider.com/facebook-state-of-affairs-2009-9

A lot of people early on thought Google would never make money either...