by Jolie O’Dell, Venture Beat
Twitter wasn’t expected to hit the $1 billion revenue mark until 2016, but new sources are saying that number could come a good two years earlier than expected. Super secret sources for Bloomberg say the microblogging network’s ad sales have led to internal forecasts that reflect a much rosier picture: $1 billion in sweet, sweet ad money by 2014. This makes sense given the startup’s recent expansion into international advertising, which is likely bringing global brands and a very long tail of non-U.S. SMBs into Twitter’s fold. Twitter also launched a self-serve ad platform earlier this year — a nice way for the startup to passively collect long-tail revenue from SMBs, local shops, and mom-and-pop businesses.
http://venturebeat.com/2012/06/01/twitter-revenue-bonkers/
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