How does one monetize a twitter client? I've been using TweetDeck and while its great I haven't looked at one ad. Nor have I paid for anything. Nor would I. I guess I'm not clear how they are worth $25million when they appear to have no revenue stream and are competing directly with Twitter and Facebook.
They don't. I don't think there's a 3rd party company who "makes a living" from selling twitter clients. In this space, money are made selling "social media analytics" to "enterprise" customers. And obviously it's easier to sell that when you have a "name" on the twitter client market. Now you see the connection ?
As a previous CrunchBase developer I can tell you that while it is usually pretty accurate there are times where it doesn't have a funding recorded. I usually go with what's written in the article because it is usually a quote directly from the source (in this case, $5M).