Goldstein [day job co-founder/ceo of Socialmedia.com] led a panel Monday at the IAB Annual Leadership Meeting in Carlsbad, California.
Its focus was on the next wave of interactive advertising - an act of prescience that shed some unexpected light on Twitter's monetization strategy.
As to exactly when Twitter would spill the monetization beans, Anamitra Banerji, Twitter's head of product management and monetization was coy, telling MediaPost after the panel session only that "we are working on an ad platform, but it's only in the test phase."
Goldstein [evening /weekend job: co-chair of the IAB social media committee] wheedled Banerji into sharing details on the "imminent" Twitter ad platform by asking questions such as "you were at Overture before, so what did you learn from that experience" when it comes to "developing the first search ads you're putting into Twitter?"
Banerji walked straight into it: "Innovate very, very quickly, before someone innovates on top of you," he blurted to the meeting. "And be very, very focused on execution. Just be dedicated to your own roadmap and don't worry so much about what's happening around you."
Probing further, Goldstein asked if it was "likely in the next month or so [that the social phenom would] offer Twitter-owned and operated ads, perhaps?" To which Banerji replied, "that's right."
But how, Goldstein asked, will Twitter manage that while supporting the ability to let a "thousand flowers bloom around the ecosystem?"
Banerji answered Goldstein's puple prose in plan black and white.
"We don't think of ourselves as a website - essentially it's a platform," he said. "We don't really control the ads or the way the tweets are viewed and then consumed. We are completely open around other people innovating around us.
Ultimately, publishers should have choice. But the one area of concern for us [is] if bad ads get identified in Twitter - it's a problem for us in the long term. So, we should do whatever we can to encourage positive behavior."