Twitter App Investors Still Writing Checks: StockTwits Raises a Round

Nope, Twitter still hasn’t trotted out a business model yet, and that may or may not be a problem for potential acquirers like Google or Microsoft. But it’s a nonissue for a growing number of start-ups hoping to succeed simply by positioning themselves in Twitter’s general vicinity. Today’s example: StockTwits, a day-trader-meets-Twitter site that just raised $800,000 from venture capital firm True Ventures.
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Twitter Launches Another Business It Doesn’t Make Money From: Trading Site StockTwits Raises $800,000

Twitter’s executives and investors tend to roll their eyes when people ask them when they’re going to start, you know, generating revenue. Maybe that’s because there’s a really obvious answer: Start collecting money from the many companies that are using Twitter’s infrastructure and service to create their own businesses. Newest example: StockTwits, a Twitter-based bulletin board/chat room for individual investors