Daily Archives: September 9, 2013

Tim Bradshaw

Twitter’s chief executive Dick Costolo is facing intense scrutiny about when the messaging site will go public. His appearance at the TechCrunch Disrupt event in San Francisco taught us little about that, instead going back to first principles of managing a company – whether brand new or about to IPO. Read more

Tim Bradshaw

Snapchat’s investors were betting on growth first, monetisation later when they put $60m into the pioneer of ephemeral messaging.

That growth is continuing apace, Snapchat’s co-founder and chief executive Evan Spiegel said on Monday, with 350m “snaps” sent every day last month, up from 200m in June.

But the LA-based company is slowly starting to think about ways to make money, too, saying that Chinese internet giant Tencent – which makes much of its income from in-app purchases – was a “role model” for Snapchat. Read more