Twitter Business Model Found!

Jason Calacanis just put Twitter in business. How? He offered $250,000 to be one of 20 users in Twitter’s “Suggested Follows” for two years.

Twitter is growing so fast that being on the “suggested” list for new users can generate more than 10,000 followers a day. Jason thinks the slots will soon be worth a Super-Bowl-like $1 million a year, as companies compete to be able to send real-time messages directly to millions of followers.

Or not.

Dave Winer complains that the Suggested Follows list is unfair. Twitter investor Fred Wilson seems to agree:

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