Twitter hires business development 'guru'

Micro-blogging site takes its first step toward making money


Financial trends and news by Bambi Francisco Roizen
January 14, 2009 | Comments (0)
Short URL: http://vator.tv/n/63e

5
 It looks like Twitter is going to attempt to monetize partnerships, securing one way to finally make some sought-after revenue. 
 
The company just hired Kevin Thau as its Director of Mobile Business Development late last month. Thau has 691 followers on Twitter. But more importantly, Thau has had extensive experience in developing mobile business strategies, a sign Twitter's first order of monetization may come from deals with carriers. In my interview with former CEO Jack Dorsey, he said that Twitter makes a lot of money through SMS. 
 
In Twitter's blog it said this:
 
"Twitter receives a crushing amount of partnership opportunities on a regular basis—it's a good problem to have yet until now there has been nobody on staff dedicated solely to business development. Things are changing. We hired Kevin Thau as our Director of Mobile Business Development late last month. Although his title includes the word "mobile" Kevin is digging in on several fronts since he's our first official business development guru.
 
For now, Kevin is assessing all opportunities, picking up ongoing threads, and also actively working on our mobile business strategy. If you send email to our partner address or to kevin (at) twitter.com then you will be corresponding with the intrepid Mr. Thau. Kevin joins us from Buzzwire and was at Openwave introducing the world to the mobile web at the very beginning. At Openwave, Kevin worked with carriers, device manufacturers, and content providers to develop an ecosystem integral to today's global wireless data business."
 
Twitter is still searching for a business product manager and a director of strategic partnerships. 

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