I’m not sure what the deal is with Ev Williams taking over as CEO from Jack Dorsey, but I get the feeling it’s not at all a sign of trouble for Twitter. Twitter’s doing better now, both in terms of popularity and in terms of uptime, than it ever has — I think they’ve actually licked their scaling troubles. My slightly-informed hunch is that Ev Williams wants to be CEO and that’s that, and tough shit for Jack Dorsey.
As for Twitter’s financial prospects, I concur with Henry Blodget:
Why is Twitter different than the 9,000 other Web 2.0 companies that are intending to figure out a revenue model eventually? Because people are obsessed with it.
★ Saturday, 18 October 2008