Digital Media Buzz > Twitter’s Evan Williams Tight-Lipped About Rev Model, Notes U.S. Traffic Has Slowed

Twitter’s Evan Williams Tight-Lipped About Rev Model, Notes U.S. Traffic Has Slowed

By: GigaOm.com

Twitter’s U.S. traffic to its main site has slowed, CEO Evan Williams said during a talk at the Web 2.0 Summit in San Francisco this afternoon, but said that the company was launching new things that “will pick that back up.”

It’s still unclear how the micromessaging site intends to make money, however. “It’s not like we’re spending our days looking in the couch cushions for our revenue model,” said Williams. “You wouldn’t raise that much money unless you have something plausible.” This was a clear reference to the company receiving $100 million funding last month that valued it at a whopping $1 billion………..[read entire story]