Clearly it’s a good time to be a Web 2.0 CEO. While countless others deal with not being able to make money due to hurdles with the economy, others such as Twitter’s CEO seems completely disinterested with the idea of making up a sustainable fund to keep their company in the black.
Clearly living on kool-aid and VC money has gotten to Twitter’s head. Sure, I fully realize that they are waiting for some larger company to sweep in and buy them out. But one must ask themselves what kind of business is that? A sell out kind? Yup, pretty much.
Twitter is holding off for the big money. Obviously learning nothing from the dotCom crash, they are perfectly content to sit around and ignore any sustainable business ideas in hopes of being bought out for as much as possible. No interest in selling out to Facebook, clearly they are waiting for Google or Microsoft.