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2 commentsThursday, October 15, 2009

Twitter Cofounder Speaks Out (Again) Against Sale

"We want to build an impressive company on our own"

In case you were wondering, it doesn't look like Twitter's going to get new owners anytime soon.  Biz Stone, who happens to be in Tokyo for the launch of a mobile site, said today that a sale is pretty much not something anyone's considering.

Biz StoneMartyn Williams reported that Stone stated at the launch event, "Twitter is not interested in being acquired by a bigger company, we want to build an impressive company on our own and we believe that we can."

Honestly, this shouldn't come as too much of a surprise.  It's been a while since there have been rumors about an acquisition, and Twitter received a supposed $100 million in funding less than a month ago.

Also, both Stone and Ev Williams have said before that they're against the idea of selling the company.

Still, since Stone seemed to be addressing the long term with his most recent comment (as opposed to any particular offer), perhaps this will keep rumors at bay for a while.

Another thing worth knowing is that Williams wrote, "His statement, after being translated into Japanese, drew a few cheers and claps from the audience, which was made up of many of Twitter's most enthusiastic users in Japan."

News Tags: Twitter, Biz Stone
About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

The problem is if twitter

The problem is if twitter doesn't improve their sites technology, there will be other twitter sites and applications out there which is already the case which could be bigger then twitter itself.

Sell, Sell, Sell!

I think their only successful source of monetization right now is securing venture capital. I don't see a real future of monetization without alienating the essence of Twitter. Having said that, they should sell, sell, sell!

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