{"id":305629,"date":"2010-02-10T19:46:19","date_gmt":"2010-02-11T00:46:19","guid":{"rendered":"http:\/\/www.readwriteweb.com\/archives\/twitter_hires_pixar_financial_chief_preps_for_prof.php"},"modified":"2010-02-10T19:46:19","modified_gmt":"2010-02-11T00:46:19","slug":"twitter-hires-pixar-financial-chief-preps-for-more-profitability","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/305629","title":{"rendered":"Twitter Hires Pixar Financial Chief, Preps for More Profitability"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.readwriteweb.com\/jolie-twitter-logo.jpg\">Two months after announcing that the startup managed to <a href=\"http:\/\/www.readwriteweb.com\/archives\/report_twitter_made_a_profit_in_2009.php\">turn a profit in 2009<\/a>, Twitter has announced that it will be hiring Pixar finance head Ali Rowghani as its chief financial officer.<\/p>\n<p>Twitter&#8217;s CEO  Evan Williams told <a href=\"http:\/\/news.yahoo.com\/s\/nm\/20100211\/wr_nm\/us_twitter_1\">Reuters<\/a> today that the new hire represents the company&#8217;s direction toward &#8220;creating value for our users and capturing the financial opportunities that result from it.&#8221; <\/p>\n<div style=\"float: right; margin-left: 10px;\"><script type=\"text\/javascript\">tweetmeme_url = 'http:\/\/www.readwriteweb.com\/archives\/twitter_hires_pixar_financial_chief_preps_for_prof.php';tweetmeme_source = 'rww';<\/script><script type=\"text\/javascript\" src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\"><\/script><\/div>\n<p>Rowghani will join Twitter officially in March.<\/p>\n<p align=\"right\"><em>Sponsor<\/em><br \/><a href='http:\/\/d.ads.readwriteweb.com\/ck.php?n=18212&amp;cb=18212' ><img src='http:\/\/d.ads.readwriteweb.com\/avw.php?zoneid=14&amp;cb=18212&amp;n=18212' border='0' alt='' \/><\/a><\/p>\n<p>Last year, Twitter&#8217;s search deals with Google and Microsoft made the company around $25 million &#8211; about $15 million from Google and $10 million from Microsoft. These two deals were enough to make the company profitable last year. For a fairly young company that offers a simple, free web application for end users, this is quite a feat.<\/p>\n<p>Other revenue channels include creating a revenue-sharing scheme that would let Twitter  share the profits generated by third-party applications. The details of this plan are still under wraps, but Twitter&#8217;s platform director Ryan Sarver announced at LeWeb that the company would announce details about this plan early in 2010.<\/p>\n<p>Other possible sources of revenue are multi-user accounts, which Twitter has been testing internally.<\/p>\n<p>Twitter has also recently made another high-profile hire, <a href=\"http:\/\/robinsloan.com\/2010\/1150\">calling on<\/a> <a href=\"http:\/\/current.com\/\">Current TV<\/a>&#8216;s Robin Sloan to work on media partnerships, covering &#8220;everything at the intersection of Twitter and media, from live events on TV to citizen journalism on the web.&#8221;<\/p>\n<p>We&#8217;re excited to see how the startup that&#8217;s managed to become a cultural zeitgeist within a few short years will continue to grow and profit. Particularly in its early days, many who lived through the dotcom crash were skeptical about the monetization potential of a free web service. Without incorporating advertising &#8211; something that no users wanted to see &#8211; Twitter has managed to create a sustainable business.<\/p>\n<p>We can&#8217;t wait to see what ideas Rowghani will bring to the table.<\/p>\n<p><strong><a href=\"http:\/\/www.readwriteweb.com\/archives\/twitter_hires_pixar_financial_chief_preps_for_prof.php#comments-open\">Discuss<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/M6f-pAlvvP4XbSNOfsdx1pYPs0A\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/M6f-pAlvvP4XbSNOfsdx1pYPs0A\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/M6f-pAlvvP4XbSNOfsdx1pYPs0A\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/M6f-pAlvvP4XbSNOfsdx1pYPs0A\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:FFnlKYwJmN0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?d=FFnlKYwJmN0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:Ij26kaj3iuU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?d=Ij26kaj3iuU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:C2pbw5bZMiI\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?d=C2pbw5bZMiI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?i=sopNtK_gGC4:5fweOR8hRvM:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?i=sopNtK_gGC4:5fweOR8hRvM:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?i=sopNtK_gGC4:5fweOR8hRvM:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?a=sopNtK_gGC4:5fweOR8hRvM:OqabYuBsmOY\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/readwriteweb?d=OqabYuBsmOY\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/readwriteweb\/~4\/sopNtK_gGC4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two months after announcing that the startup managed to turn a profit in 2009, Twitter has announced that it will be hiring Pixar finance head Ali Rowghani as its chief financial officer. Twitter&#8217;s CEO Evan Williams told Reuters today that the new hire represents the company&#8217;s direction toward &#8220;creating value for our users and capturing [&hellip;]<\/p>\n","protected":false},"author":553,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-305629","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/305629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/553"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=305629"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/305629\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=305629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=305629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=305629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}