Twitter Lines Up New Office Space
If you happen to know any Twitter employees, start saving cardboard boxes for them. The company that’s associated with short messages has acquired a bigger office space and should soon move a couple of blocks within San Francisco.
Benny Evangelista reported this morning, "Twitter, which recently closed a round of financing worth a reported $100 million, is expanding its workforce and has agreed to a deal to move its headquarters into a larger South of Market space."
Evangelista then continued, "The micro-blogging service has agreed to sublease a 31,000-square-foot office at 795 Folsom St., now used by another social-networking firm, Bebo Inc., which is owned by AOL."
That means Twitter’s moving just the tiniest bit northwest from its current location at 539 Bryant Street. That also means (or at least implies) that Twitter really requires the extra space, since the distance is so insignificant.
Now’s an interesting time for Twitter to start taking on new employees and a fresh lease. On the one hand, the company did pull in the $100 million in financing. On the other, stats from both Hitwise and Compete seem to indicate that Twitter’s having growth problems.