Monday, June 22, 2009
Well I'm back in Cannes. One year later and ready to learn some more. Just arrived and went straight to a session with one of Twitter's founders Biz Stone. The Debussy Hall was packed wall- to-wall and floor-to-floor and the place was Tweeting so much I was sure at one point I felt the room vibrating. Stone looks about 16, very charming, friendly and speaks in this naive and very honest manner. What did I learn? Well that he's learning still (yes he's honest enough to admit this). The company is still in its infancy and they won't sell now even at $ 500 million. He sees collaboration with other social media as key and can't say what's Twitter's biggest threat. Admits to not really knowing. Check out Jet Blue - company started out small on Twitter, but Stones cites them as doing a great job. He also doesn't see Twitter as a competitor to big news groups, eventhough Twitter is now breaking news faster than most newswire services (just type ACCIDENT if you don't believe him) and he wants to be friends with all. No real answers on how they're going to make money, but hey this is not unusual... FaceBook can attest. Stones is evangelical when he says; "Twitter is a triumph of humanity and not a triumph of technology" - Sound familiar?
Posted by gisele wa at 9:17 AM