Why Twitter Shouldn’t Sell
Sarah Lacy, as we were taping her Tech Ticker video show earlier today, asked me about San Francisco-based startup Twitter and its rumored fundraising effort, which would value it in excess of $250 million. Should the company, she asked, put itself up for sale? My answer was "it depends" - on whether Twitter sees itself a service or a platform that would help foster a lot of services on top of itself.
Later, Lacy wondered if Twitter should sell (out) to Facebook or Google or someone else. And now Kara Swisher is wondering if someone should take another run at the company. As I told Lacy, Twitter needs to swing for the fences. Ev Williams already has a notch on his belt - he sold Blogger to Google - and doesn’t need to cash out now. In the meantime, venture capitalists are lining up, ready to fund the company. In other words, he should go for gold.
