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Article: Start-ups flock to Twitter, looking to capitalize on network's growth
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- October 4, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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The central topic of conversation over the past few weeks, when
two or more tech types gather in the same place, has been whether
Twitter is in fact worth $1 billion, and what the company might
eventually do to generate revenue.
Though it is now three years old, the Internet messaging service
still hasn't revealed the particulars of its business plan. But that
didn't stop several investors, including Boston-based Spark Capital,
from funneling another $100 million into Twitter last month, setting
the San Francisco company's value at $1 billion, at least on paper.
In our neighborhood, more than half a dozen companies offer
applications and services connected to Twitter - and some of them, ...