Results 1 to 3 of 3

Thread: News - Twitter now worth a cool billion

  1. #1
    HEXUS.admin
    Join Date
    Apr 2005
    Posts
    31,709
    Thanks
    0
    Thanked
    2,073 times in 719 posts

    News - Twitter now worth a cool billion

    New round of funding reportedly values the micro blogging service at a billion dollars.
    Read more.

  2. #2
    Get in the van. Fraz's Avatar
    Join Date
    Aug 2007
    Location
    Bristol
    Posts
    2,919
    Thanks
    284
    Thanked
    397 times in 231 posts
    • Fraz's system
      • Motherboard:
      • Gigabyte X58A-UD5
      • CPU:
      • Watercooled i7-980X @ 4.2 GHz
      • Memory:
      • 24GB Crucial DDR3-1333
      • Storage:
      • 240 GB Vertex2E + 2 TB of Disk
      • Graphics card(s):
      • Water-cooled Sapphire 7970 @ 1175/1625
      • PSU:
      • Enermax Modu87+
      • Case:
      • Corsair 700D
      • Operating System:
      • Linux Mint 12 / Windows 7
      • Monitor(s):
      • Dell 30" 3008WFP and two Dell 24" 2412M
      • Internet:
      • Virgin Media 60 Mbps

    Re: News - Twitter now worth a cool billion

    That's ludicrous.

    The Web2.0 money-making model:

    1.) Make cool service, possibly related to social networking.
    2.) Attract millions upon millions of users.
    3.) Sell it to some morons for many billions, and laugh all the way to the bank.
    4.) Laugh even harder when actual worth of company becomes apparent to morons you sold it to.

  3. #3
    Registered+
    Join Date
    Mar 2007
    Posts
    25
    Thanks
    0
    Thanked
    0 times in 0 posts

    Re: News - Twitter now worth a cool billion

    Quote Originally Posted by HEXUS View Post
    The business is only worth what someone will pay for it, and given the massive exposure some mug will probably come along and cough up (but nothing like $1 billion). They'll then try to recoup their investment by various forms of annoying monetisation and their punters will leave in droves.

    The key issue with twitter is it's a fundamentally simple application that can and has been re-implemented elsewhere. It doesn't even have the safety net of being a sophisticated and massively scaled app. It keels over at the slightest breeze given the amount of money they apparently have for "the service".

    Of course the last problem for twitter is that it's patently another web-fad. Takes a year or so then people move on to other things because they get bored of reading the largely inane thoughts of each other along with a load of spam.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 2
    Last Post: 02-03-2009, 07:42 PM
  2. Replies: 8
    Last Post: 27-02-2009, 07:21 PM
  3. Replies: 17
    Last Post: 28-01-2009, 04:22 PM
  4. Replies: 12
    Last Post: 07-12-2008, 07:54 PM
  5. Replies: 2
    Last Post: 01-12-2008, 09:42 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •