Twitter CEO's Mockery: We 'Were Laughing at Those Media Guys'

Twitter's revenues will be just $4 million this year, according to a new Wired feature story. But that's not going to crimp its co-founder's swagger: Evan Williams knows Twitter will be huge, and has words for anyone who says otherwise.

In an interview with Wired's Steven Levy, Williams lashed back at two traditional media fogeys who pooh-poohed his company's potential at the Sun Valley schmoozefest in July. Barry Diller, of IAC, and John Malone, the satellite TV mogul, said the microblogging service would never make much cash.

"I didn't argue my case," Williams says. "But all the Internet guys there were laughing at those media guys. Are you kidding? Do you understand how money flows to the Internet? When you know that Twitter is a vehicle for directing information and traffic to large audiences, you realize there's obviously a huge business."

And, hey, that's coming from a guy who made four whole million dollars last year, old media people, so you better listen up. These guys have spreadsheets that would blow your minds.