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Why people care how Twitter makes money

Friday, April 03, 2009 by Dave Winer.

First a story.. I went to grad school in Madison, which is a great place except in the winter, when it's realllly cold. But it's still great then, if you know what to eat.  Permalink to this paragraph

You want to fill your stomach with something dense and warm. There was this place down the street from where I lived that served something called a Myles Teddy Wedger. I have no idea how it got its name, but it's a pastry, filled with meat, potatoes and onions, served really hot. You could buy one of these and carry it to class with you, walking even a mile, and when you got there it would still be hot! That's how dense it was. Permalink to this paragraph

So as you're walking you can think of the MTW in your knapsack and psychically the thought would keep you warm.  Permalink to this paragraph

Okay that had nothing to do with why people want to know how Twitter is going to make money. ;-> Permalink to this paragraph

A picture named rays.jpgAnother good cold weather food is pizza. But Madison is in the midwest where they don't know how to make pizza. The best pizza you can get comes from a chain, Domino's, and it's actually not that bad. I got in the habit, until someone told me that they used the profits to fight Planned Parenthood, which if you're a heterosexual male grad student, is a really bad thing, not just because you support a woman's right to choose (I did then and still do) but well, you don't want your girlfriend to find a Domino's box in your kitchen, if you understand what I mean.  Permalink to this paragraph

See, their business model conflicted with our values.  Permalink to this paragraph

So it's possible for a business to use its profits for evil. And we couldn't buy Domino's pizza and keep a clear conscience. And it could turn out, when Twitter reveals its business model, that it's something we don't like. We won't know where we, the users, fit in -- until they tell us how they're going to make money. And when they tell us, we may not like it.  Permalink to this paragraph

PS: There's a myth in NY that Ray's makes the best pizza. Which one? Ahh. Practically every pizza place in NY is named Ray's. Then there's Original Ray's. Quite a few of those too. ;-> Permalink to this paragraph


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A picture named dave.jpgDave Winer, 53, pioneered the development of weblogs, syndication (RSS), podcasting, outlining, and web content management software; former contributing editor at Wired Magazine, research fellow at Harvard Law School, entrepreneur, and investor in web media companies. A native New Yorker, he received a Master's in Computer Science from the University of Wisconsin, a Bachelor's in Mathematics from Tulane University and currently lives in Berkeley, California.

"The protoblogger." - NY Times.

"The father of modern-day content distribution." - PC World.

One of BusinessWeek's 25 Most Influential People on the Web.

"Helped popularize blogging, podcasting and RSS." - Time.

"The father of blogging and RSS." - BBC.

"RSS was born in 1997 out of the confluence of Dave Winer's 'Really Simple Syndication' technology, used to push out blog updates, and Netscape's 'Rich Site Summary', which allowed users to create custom Netscape home pages with regularly updated data flows." - Tim O'Reilly.


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