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Total investment into Twitpic was $5,000 Does this mean that Noah Everett's total investment as of now is $5000, or that at one point in time (possibly before he"rebuilt the site from the ground up to run on a scalable platform") his total investment was $5000? The past tense on "was" makes it hard to tell which it is; it would be even more interesting of a story if the answer is the former.
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> And it could disappear in a second. How so? I'm guessing they have contracts, and MSFT and GOOG aren't the type to renege on their signed deals.
I just mean that they could both decide to cancel the contracts when not beneficial for them to do so any more. Say buzz takes off (don't laugh). I'd just rather have millions of paying customers (advertising) than 2 customers.
All of the financial data is neat, but am I the only one surprised by the line: - Moved to South Carolina because of The Patriot, the warm weather, and the beach The Patriot?! I liked "Braveheart goes to America" as much as the next guy, but I'm not sure I'd up and move to SC because of it. An answer that bizarre deserves a followup.
I live in Charleston and have met Noah a few times (nice guy, incidentally). If you come visit, you will see why someone would want to live here pretty quickly.
I just thought it was really funny that he cited the Patriot movie as a reason to move there. I like a lot of silly movies, but never thought to relocate because of them!
a quick look at quantcast shows that US traffic (which is by far the most monetizable) hasn't grown at all since july 09 (though there is a nice bump in intl. traffic) http://www.quantcast.com/twitpic.com
so i would say 2-3 mio is a more reasonable assumption than 5 mio. which is still fantastic.
I may be mistaken but no where in this article does it say that Noah Everett makes $5million a year. It does say "revenue projections: $3-4 million" and "#1 – have a company worth 8 figures by 24, #2 – have a company generating 7 figures/year in revenue by 25"
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I just mean that they could both decide to cancel the contracts when not beneficial for them to do so any more. Say buzz takes off (don't laugh). I'd just rather have millions of paying customers (advertising) than 2 customers.
Yes, and Twitter could start hosting images. Nothing is safe and eternal.
All of the financial data is neat, but am I the only one surprised by the line: - Moved to South Carolina because of The Patriot, the warm weather, and the beach The Patriot?! I liked "Braveheart goes to America" as much as the next guy, but I'm not sure I'd up and move to SC because of it. An answer that bizarre deserves a followup.
re: Patriot, IMHO the most coherent, put-together film Mel Gibson ever did.
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It's about $25 Million a year.
Of course the other factor: Twitter: funding $160m, you say rev $25m Twitpic: funding $0, rev $5m So I think twitpic comes out pretty fantastically well.
Earlier quoted context omitted.
It's about $25 Million a year.
Of course the other factor: Twitter: funding $160m, you say rev $25m Twitpic: funding $0, rev $5m So I think twitpic comes out pretty fantastically well.