Photo: YouTube Screenshot / Twitter
Ryan Tate over at Gawker just posted Twitter’s early financials from 2010 and early 2011, which he says are “not encouraging.”They show heavy losses in 2010 and the first quarter of 2011, according to “a source with close knowledge of Twitter’s financials.”
But, realistically, those numbers are irrelevant today.
Those were early days for Twitter’s advertising efforts, which have grown significantly since then.
Twitter has since pushed out enhanced brand pages and brings in around $120,000 for a full day for some “promoted trends,” according to a glowing profile of the company in BusinessWeek.
Twitter now also has a self-serving advertising tool for small businesses, which will let them buy and place ads in Twitter.
In short, it actually has an advertising business now.
So these numbers are pretty dated, and could not really be indicative of the state of the company right now — but they still paint a picture of some of the company’s tumultuous early finances.
We’ve reached out to Twitter, which said it had no comment on the story.