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July 23, 2009 6:00 PM PDT

Twitter still doesn't have a head of sales

by Ina Fried
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Twitter's Biz Stone (right) speaks with Fortune's Adam Lashinsky at Brainstorm: Tech on Thursday.

(Credit: Ina Fried/CNET)

PASADENA, Calif.--Twitter co-founder Biz Stone said that, for all its success, the company is still 1 percent of where it wants to be. Oh, yeah and it still doesn't have a head of sales.

"We have a lot of growing still to do," Stone said Thursday at the Brainstorm: Tech conference here. The company has managed to grow its staff to 55 workers. (That's up from 43 in May.) Stone said the company is trying to keep focused on the longer term.

"We don't want to be that child actor...that grew up all freaky," he said. "We want to be like (child actor-turned-director) Ron Howard."

Stone said he understands the widespread concern that the company doesn't generate any significant revenue. He said the anger comes from the fact that people passionately want the company to succeed.

"It's like a nice loving mom that wants to make sure you are eating," he said.

Stone made his now-familiar argument that the company still needs to put its energy building the service.

"The level of awareness is still way bigger than the level of engagement," Stone said.

One thing the company is doing is launching a "Twitter 101" to explain to businesses how they might use the service. That should be up Thursday or Friday, Stone said.

Other new features are coming soon, Stone said.

Predictably, talk shifted to a widely publicized hack that led to loads of confidential documents being published on several Web sites, including TechCrunch.

Stone cautioned not to take leaked financial documents too seriously. The documents were more of a "thought exercise."

"If there's any takeaway from that it's that we are thinking big," Stone said. Stone said that he has spent time contacting the company's current and future partners to put the documents in context. "These were unpublished notes not meant for public consumption."

He declined to talk about whether Twitter might sue the hacker who got the documents, or TechCrunch, which published them.

"I don't know," he said. "I don't want to comment too much on any ongoing investigation type stuff."

One of the interesting comments came from Wal-Mart communications VP Mona Williams, who told Stone her company really needed better tools to filter all of the comments that come in mentioning Wal-Mart.

"That's something I think we'd be willing to pay for," she said.

For more on Twitter, check out this video interview I did with Stone and CEO Evan Williams at the D: All Things Digital conference in May.

During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.
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Add a Comment (Log in or register) (12 Comments)
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by mbenedict July 23, 2009 6:37 PM PDT
You know, most companies call their head of sales... ehm, CEO -- the person most responsible for revenue.
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by flickrz July 23, 2009 11:32 PM PDT
Does twitter sell anything yet? I mean other than coolaid.
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by ellunchboxo July 24, 2009 11:36 AM PDT
kool-aid
by Mark_Anderson July 24, 2009 1:46 AM PDT
Twitter? Totally pointless. Another dot.com bubble if you ask me.
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by codynews July 24, 2009 6:17 AM PDT
I can't wait for this flash-in-the-pan company to go away. This thing jumped the shark LONG ago.
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by jhillenburg July 24, 2009 7:08 AM PDT
While I might be inclined to agree that Twitter is pointless, ask the Iranians how they feel about it.
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by MoonWink July 24, 2009 8:28 AM PDT
Have Twitter?s 15-Minutes of Fame Come and Gone? See http://moonwink.wordpress.com/
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by kgsbca July 24, 2009 11:37 AM PDT
So, there, almost at the end of the article, is a hint of how twitter plans to make money: by selling censoring software to giant corporations, so they can control what people say about them.

"One of the interesting comments came from Wal-Mart communications VP Mona Williams, who told Stone her company really needed better tools to filter all of the comments that come in mentioning Wal-Mart.

"That's something I think we'd be willing to pay for," she said. "

I'd bet the Iranian and Chinese governments would be willing to pay for that, too.

What I don't understand is why nobody has developed a simple desktop app that allows twits to broadcast their tweets to anybody who signs up. Combine this with almost any blog software,and you have your very own twitter. Oh, wait, now I know why nobody has developed this, twitter is free. You don't have to pay for it. That gets back to why they don't need a VP of Sales.

What the country really needs is for twitter to offer health care. It would be great if that was free.
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by July 24, 2009 8:01 PM PDT
I think you've misinterpreted the quote. I don't think the intent was to say that Wal-Mart wanted to remove twitter posts about Wal-Mart. There are many potential legitimate applications of a "filter" in this case: Wal-Mart knowing what people are saying about Wal-Mart, preventing employees from using company property to make unathorized statements about or on behalf of Wal-Mart, and preventing employees from using company property to see what other users are saying about Wal-Mart if reading such statements isn't relevant to their job.

All three of those things are functions a company might want from Twitter. All three are legitimate and none can be described as "censorship".
by gggg sssss July 24, 2009 5:26 PM PDT
what does twitter have that anyone woudl want to buy, except maybe the private information about its users so they can become another spamming service.
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by WeCanDoBIZ July 27, 2009 6:24 AM PDT
People are already paying loads for what Mona Williams is asking for. Check out how Radian6 is growing on the back of its excellent social media monitoring tools.

Social CRM, where conversations being had online are tied to a Customer Relationship Management system, are going to be big business. Not only do they help track conversations being had about your brand or market so you can join in and even steer those conversations, but they also enable much greater contunity of communication to your market and customers through all other media forms as well.

Those who think Twitter is for nothing other than telling your friends what you're eating are missing the VERY Big Picture.

Ian Hendry
CEO, WeCanDo.BIZ
http://www.wecando.biz
Reply to this comment
by todd3617 July 27, 2009 7:50 AM PDT
I think this Biz Stone is waiting for Google to buy this up and take it over. He is keeping this afloat as long as he can.

Google is taking over the world!
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About Beyond Binary

During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft.


Beyond Binary is a look at how technology is changing our lives and the people behind all that life-changing stuff, with an extra emphasis on that which emanates from Redmond, Wash.

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