What Twitter took 3 years to do at first, it now does twice per week: CEO Dick Costolo talks numbers

Posted by Knowlton Thomas

At the Web 2.0 Summit in San Fransisco last night, CEO Dick Costolo unveiled numerous mind-boggling statistics about his real-time, microblogging social slash information network platform thingy (read: Twitter).

Twitter now delivers 250 million tweets per day—up from 100 million at the start of 2011—which equates to nearly 175,000 tweets per minute. These tweets are coming from more than 100 million active users, including over 50 million daily users (now pause to consider the fact that Justin Bieber has 13.5 million followers). Now seeing almost two billion tweets per week, Dick notes that it took the startup over three years to reach its first billion tweets.

Mobile is Twitter's driving force, growing by 40% per quarter. And with the launch of iOS 5 (it boasts deep integration with Twitter), growth has accelerated even further.

On stage, Dick was asked, as usual, about Twitter going public—to which he responded, that with $800 million raised in funding, they're financially set for a while. So, no need, no timeline.

Company:
Twitter
Website:
http://www.twitter.com
Location:
San Francisco, California, United States

Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over multiple networks and devices. In countries all around the world, people follow the sources most relevant to them and access information via Twitter as it happens—from breaking world news to updates... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis or otherwise enjoying the outdoors. more



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