All that Twitters isn't gold
The world may be buzzing about Twitter, but will the San Francisco- based messaging service with the high cool factor ever be a money maker Or will it operate at a perpetual loss, as one Wall Street analyst suggested, "until the next cool Web 2.0 social networking concept comes along and Twitter tweets no more."
Just three years old, the free service, which allows its users to send messages of up to 140 characters, is the Internet's fastest growing social networking site, according to the research firm, Nielsen.
Unique visitors to Twitter's Web site skyrocketed from 475,000 unique users in February 2008 to more than 7 million in February 2009. And those statistics don't count people using the service on their mobile phones.
Twitter was founded in 2006 by Evan Williams, Biz Stone and Jack Dorsey. Williams is best known for creating Blogger, a blogging service, and later selling it to Google. Stone also worked for Google, and later he and Williams left to form a podcasting company called Odeo. Twitter was hatched as a side project inside Odeo by Dorsey.
Dorsey had been CEO of Twitter when it became an independent company in 2007, but a year later yielded the title to Williams, who had more experience running startups. Dorsey is now
