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by Readmore 5942 days ago
We know that Twitter makes money off the search deals with Google and Bing, and it's a lot more than $5 million.
3 comments

And it could disappear in a second.

idk. Big money deals with a single or maybe 2 customers is insanely high risk.

How do we know how much they make from their deals? How do you know it's more than $5m?

> And it could disappear in a second.

How so? I'm guessing they have contracts, and MSFT and GOOG aren't the type to renege on their signed deals.

I just mean that they could both decide to cancel the contracts when not beneficial for them to do so any more.

Say buzz takes off (don't laugh).

I'd just rather have millions of paying customers (advertising) than 2 customers.

Yes, and Twitter could start hosting images. Nothing is safe and eternal.
Most people don't use Twitter.com they use 3rd party clients, so twitters control is limited.
It's about $25 Million a year.
Of course the other factor:

  Twitter: funding $160m, you say rev $25m
  Twitpic: funding $0, rev $5m
So I think twitpic comes out pretty fantastically well.
That's in the short term of course. Twitpic is essentially a feature on top of Twitter and without Twitter, Twitpic wouldn't exist. In the end, if Twitter implemented picture hosting themselves, Twitpic would surely slowly die.
That's daft. Funding isn't a liability (in the financial sense), and those numbers don't say anything about growth prospects.
It'll be interesting to see how Twitter grow their revenue. The number of customers who will pay $m's to do a deal seems reasonably small.
For me, the most amazing thing is the "time to hockey stick": Friday night he starts hacking, and by Monday it's getting blogged about and going viral. That is an amazingly short amount of time to build something people want. Most of us have to iterate a long time to achieve that.
Fantastic point.

In terms of scaling, how much larger is twitter than twitpic? $160 Million larger?

That is one way to look at it but the headline says. 'Twitter makes nothing.' So the comment is about setting the record straight, not comparing business models.
I still dont know what to make of these deals. On the one hand: Twitter brought in good revenue. This is smart and shows the value in their data.

On the other hand: I personally feel Twitter's real value to an acquirer like MSFT or GOOG is the data. The rest of it is kind of gravy and it's only there to provide the data (ie- you need people posting things in order to have the search data). In short, GOOG basically got the value they needed out of Twitter for a measly 25 million dollars. Why would they ever acquire them at what's sure to be a number at least 40x that amount?... Except to make sure someone else doesn't hence cutting off their access to the data.

Yeah, they're just selling different levels of access to their data stream. Besides the firehose, they have streams of things like all links and retweets, which require some kind of partnership.