First off, I love this kind of story.
Let’s go back in time to 2009. Brian Acton was an accomplished programmer who’d checked the box with stints at both Apple and Yahoo.
Now he was looking for work–and he was coming up short. His Twitter feed tells the tale.
Acton had been the 44th employee at Yahoo, but he’d lost millions of his dot-com fortune when the bubble burst in 2000. Despite the bright-sided nature of his Tweets, the 37-year-old didn’t know what was next.
He toyed with a startup idea, but it wasn’t going anywhere. And as Marc Cenedella–founder of The Ladders, and more recently, Knowzen–wrote on Medium a few days ago, Acton…
Too many businesses make the mistake of ignoring Twitter. There are some people who look at it, but don’t understand it, and there are massive numbers of dormant accounts.
The point isn’t that everyone is on Twitter; the key is understanding what you can do with it and why you need to be there.
Twitter is still the most efficient network for reaching out to busy people who have gatekeepers on their phones and email, but you need to be careful on Twitter to make sure you are getting the most out of it and don’t end up “ghost banned,” also known as “shadow banned.” (More on that near the end of this post.)
From VCs crying “bubble” to Mark Cuban and Chris Sacca crossfire, we did a retrospective on the year by digging up our favorite Tweets.
Twitter acquired MoPub, a mobile app ad network, ad server, and real-time bidding exchange, for $350 million in stock back in 2013.
MoPub has around 5,000 apps on its platform, and it works with publishers and developers to help sell ads within their apps, by plugging into a network of around 150 demand-side platforms (DSPs,) one of which is Twitter. Last year one analyst predicted MoPub will bring in more than $500 million in annual revenue by 2017, up from an estimated $56 million in 2014.
Yet MoPub is still one of Twitter’s best-kept secrets. The company doesn’t break out revenues from MoPub in its earnings report (it sits in the “data licensing and other category,” which generated revenues of $147 million in 2014,) and it rarely releases news from the division, beyond quarterly marketplace reports about trends within the mobile app ecosystem, and a few other updates.
INTERNET COMPANIES MAKE billions of dollars by capturing one of the world’s most precious commodities: your attention. They need to amuse, amaze, entice, and intrigue you—and millions of users like you—to stay afloat and profit.
But figuring out what you want to read, watch, and see is harder than it looks. At Facebook, serving your wants and needs comes down to algorithms—click on something, and you’ll see more of that thing, and things like it. At Twitter, your desires are met via your choices—follow certain people, you’ll see updates from them. But, when it comes to channeling the most attention-grabbing content, it turns out that automation, or users left to their own devices, might not be enough.