Ron Conway: Twitter may outmonetize Facebook

Angel investor Conway says Twitter doesn't need a business model this yearOn Thursday, I spoke with Silicon Valley angel investor Ron Conway, who's invested in about 500 startups over the past 15 years, including some high-profile ones like Twitter, Facebook, Google and Digg, to name a few.I conducted a one-on-one interview with Conway on stage at the EconSM event, hosted by contextNext. Here's the first part of our interview, in which Conway talks about how Twitter plans to make money or whether it's going to be acquired by Facebook, Google or Apple. "I think as time goes on, there is going to be many more ways to monetize Twitter, much more so than even Google and Facebook," said Conway, who doesn't even have a Facebook or Twitter account.   They include charging companies ... [http://vator.tv/n/86d read more]

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[DealPenVideo]

Good points on Twitter - it is all about direct messaging. Many people in the business community are still far from understanding this. Great opportunity to be on the front end of this ...