Thursday, November 13, 2014

Behind Twitter's big plan to grow revenue to $14 billion a year

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If at first you don't succeed, raise the bar even higher


During the first hour of Twitter's marathon Analyst Day event on Wednesday, the company's CFO, Anthony Noto, showed a slide highlighting the potential for Twitter's annual revenue to soar to $14 billion within the next decade. The revenue target was "strictly hypothetical," Noto assured listeners, though the goal was very real



As he put it in a strategy statement — which was quickly panned by Twitter users — Twitter's ultimate goal is to "be one of the top revenue generating Internet companies in the world." Read more...


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from MashableSeth Fiegerman
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