Exclusive outtakes from industry leaders
You'd think fast-racing Twitter would keep one eye firmly fixed on the rearview and side mirrors.
With the Internet landscape littered with also-rans -- from pets.com to AskJeeves.com to a Facebook-steamrolled MySpace -- you'd imagine the one thing overnight Internet microblogging phenomenon Twitter would fear the most would be to get displaced by an up-and-comer with the same alarming speed.
Not so. Chief Operating Officer Dick Costolo insists no one at the company he has worked at for less than a year worries about two theoretical guys in a garage dreaming up the next social networking sensation.
"That's a fun question. The way I think about that is the only thing to prevent us from being successful is us," said the co-founder and CEO of FeedBurner, a digital content syndication platform that was acquired by Google in the summer of 2007. "This stuff that's out of my control -- I've got no hair and I'm too stressed out as is," said the bespectacled, balding executive who joined Twitter in September.
Most top technology executives are used to juggling businesses worth hundred of millions of dollars, yen or euros. But this week at the Reuters Technology Summit, we asked: if we gave you $1 million to invest anywhere -- but not in your own company -- where would you spend it?
INTERNET / STARTUPS
If you want the quick answer, I would invest it in Twitter. I'm sorry that we weren't in it. I don't know where it's going and it would be a fun ride.
In the adrenalin-fueled world of Internet start-ups, where "Biz" is usually followed by "Dev," where did Twitter co-founder Biz Stone get his nickname?
After talking to the Reuters Technology Summit of growth rates and future revenue possibilities, the Twitter co-founder chatted with the Reuters San Francisco bureau about his unusual moniker and why it can pose traveling hiccups.
Twitter co-founder Biz Stone told the Reuters Global Technology Summit on Monday that unless Twitter's growth rate slowed, by the end of the year its user base would exceed the population of Planet Earth.
Break out those calculators, nerds!