Sensitive Twitter info has been leaked by a website which shows the new Internet craze expected to rack in $144 million by 2010. TechCrunch, a technology blog, got hold of some very internal sensitive information about Twitter’s goals for the next couple years!
Twitter has a targeted revenue run rate of $140 million by the end of 2010, with the expectation it would record its first revenue — a modest $400,000 — in the third quarter of this year, according to a document TechCrunch published that it said was sent by a hacker.
Dated February, the document was labeled a Financial Forecast and outlined how Twitter expected to take in $4 million in revenue by the fourth quarter and maintain $45 million of cash in the bank.
By the end of 2013, Twitter hoped to sign up 1 billion users, post $1.54 billion in revenue, employ 5,200 people and make $111 million in net earnings, according to TechCrunch.
TechCrunch, which said it negotiated the publication with Twitter itself, added in the report that the document was unofficial and “certainly no longer accurate.”
Twitter was not immediately available to comment on the projections. The document published by TechCrunch did not provide details about how Twitter planned to get the revenue.