Twitter Proves Its Worth as a Killer App for Local Businesses

See, Twitter is useful, and it can make money (H/T @bivings)

"The reality is Twitter's got all sorts of business models available to it," said Todd Chaffee, general partner at Institutional Venture Partners and a Twitter investor. "We're putting together monetization framework, things like features for commercial accounts, which could be for global companies all the way down to local companies." He said the business model will be largely driven by the creativity and needs of the businesses using it.

Twitter Proves Its Worth as a Killer App for Local Businesses - Advertising Age - Digital