Lots of interesting buzz surrounding Twitter today.
First, there’s public confirmation that Facebook did indeed attempt to acquire Twitter, but the deal stumbled because it would have been based on Facebook’s valuation–something that no one can seem to agree on.
And apparently Twitter wasn’t bluffing. One of the company’s investors has revealed that Twitter could go it alone, now that it has a business model lined-up.
"We think it’s kind of funny to listen to people [in the press] talk about the lack of a business model," he said. "We know how we’re going to do it, and we’re very confident about how we’re going to do it, and it’s not necessarily in our interest to tell people how we’re going to do it. There is a biz model that has yet to be implemented. Of course, I can’t guarantee it’s going to work."