As one of the fastest growing social media platforms in the world today, San Francico based Twitter has risen to fame faster than its developers ever dreamed possible. Along with this phenomenal growth have come a great many challenges that the company has faced as it has yet to generate a profit for investors, something that has become standard fare in the social media world of today. While Twitter may not be scrambling to profit from its venture just yet, it has certainly begun to awaken to its true potential as CNN and other mass media outlets have begun to treat it in the same league as mega sites such as YouTube, MySpace and Facebook, all Web 2.0 mega stars in today’s fast moving web based world. The challenges for Twitter are somewhat compounded by the fact that it has leveraged heavily on outside developers to create applications and features which the company lacked the funding or expertise to develop on their own. As a result, many small developers have sought to find ways to profit from their own contributions to Twitter. While this has not yet posed an issue, experts say it may soon.

At a recent conference known as Chirp, the questions were brewing and insiders at Twitter were forecasting that the company may begin to look for ways to bring in revenue. Since Twitter has prided itself as a company that maintains a free and easy relationship with developers, the company continues to seek ways to let those developers profit from their efforts, but critics point out that many will likely fall to the way side as the platform emerges into profitable state.