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  May 2008

 
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Posted on 05/22/08 under Social Networks, Web 2.0

You’ve got to be kidding me!

CNET News reported today that Twitter closed $15 million in series B funding with an $80 million dollar valuation and yet, has absolutely no business plan and no way of monetizing what they are doing (at least that they have made public).

With engineering issues and no business model in sight, how in the heck did they get the money?

Welcome back 90s! I’ve missed you!

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About The Author

Marcelo Lewin
Marcelo Lewin, a.k.a. The Digital Media Dude, started The Digital Media Dude in late 2006 as a blog, mainly, to write about new media. Then he created his first podcast, The Digital Media Dude Daily Tip now known as Digital Media Quick Tips which got picked up by iTunes in the Top 25. By late 2007, The Digital Media Dude became officially a network of shows and in early 2008, it was renamed to Pixel Heads Network.

With over 15 years of experience in the digital media industry, including gigs with NBC, Walt Disney Imagineering, Toyota and having a couple of "dot com" companies under his belt, he shares his knowledge throughout our shows.

He is married with his wife of 15 years and has 2 great sons. His hobbies include photography, videography, new media, technology, great food, great beers and just playing around with his kids.

Marcelo Lewin currently hosts 4 shows, blogs and makes presentations about new media all over, produces shows for other companies and is the "Chief Pixel Head" at Pixel Heads Network.
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