Getting investment money. Twitter.com hasn't made a penny AFAIK.
I think they owe a lot to Facebook for showing that social media can make money and sustain itself. This still may be one huge growing bubble that will eventually burst...I guess time will tell.
Twitter isn't worth the toilet paper I wipe my ass with. It is just another example of the retardation and desensitization of society. The only reason it became profitable is the gullibility of the masses and the ingenious marketers taking advantage of a world slipping into idiocracy.
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Right now it does not make a dime and while in theory they could find a way to monetize it, as said earlier it would take a long, long time to recoup a Billion dollars. Even if that were possible the way things move so fast on the web, in a couple years the "next greatest thing" will have come along so it's problematic for them.
Twitter isn't worth the toilet paper I wipe my ass with. It is just another example of the retardation and desensitization of society. The only reason it became profitable is the gullibility of the masses and the ingenious marketers taking advantage of a world slipping into idiocracy.
You're talking like a consumer, not an entrepreneur!!!
Fuck no it's not worth a billion dollars.. Haven't these guys figured out that these social network sites are disposable to the users? Soon as the fad gets old the users will move off with their friends to the next big thing.
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Yes. It gets more traffic than Amazon or Bing. With that much traffic and very little overhead you could probably print money. Just throw up some google ads.
Yes. It gets more traffic than Amazon or Bing. With that much traffic and very little overhead you could probably print money. Just throw up some google ads.
Facebook at least has some value to it. It does make a trickle of money, although a paltry sum for being one of the most popular websites in the world. Facebook will be dethroned by some other site one day, but at least it has some value today.
Twitter will fall like a rock when the fad is over. It has no value now and I don't see how it can. The one smart thing they did was not even bother with ads because they knew if they did, the revenue would be so small it would actually make the value of the site lower. So they never even bothered with trying to run ads so idiots make wild guesses as to the value.
in a year from now most people who twittered will be ashamed and lie they never used it
You hit the nail on the head.
Twitter, Facebook, YouTube- none of these are net positive at the end of the day. They aren't making money, they're struggling to cover the cost of their operating expenses.
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Hell no. Twitter is a fad. One thing I noticed latley is celebs with tons of followers and only following back under 100; and not replying to anyone. This is going to be twitters undoing.
So many times I see people starting trending topics about this, or starting sites to unfollow people. This is, in my opinion, the achilles heel of twitter. It should, therefore, logically, collapse under it's own weight.
But I'm just a porn slinger and not a social media expert. (whatever that means).
Cheers-
Duke
First MySpace then Facebook and now Twitter. People eventually are going to get upset and tired of watching their stars/friends say something "its all about me" attitude. Do I give a shit if Ellen talks to Oprah?
Facebook although has more people on it than live in America has some issues of their own with having all your personal info on it and honestly I got rid of my Facebook account not just for that reason but was tired of it.
Twitter got the huge marketing boost when last year in the house a congressman was "twittering", and soon it became news as a social network. One Billion? I would say in advertising dollars alone since every page has some small spot on it for ad space
And once again, the people in this industry show how clueless they are.
Let's assume for a moment that Twitter will never generate any profit. Even then, it would still be worth a shitload of money.
Why? The answer is quite simple. Let's just take a look at Google.
Google has tens of billions of dollars in revenue, virtually all of it from advertising. That revenue largely depends on Google's ability to serve relevant ads. Moreover, a major chunk of Google's revenue is derived from their #1 position in the search market.
As content on the internet expands, it becomes ever more important for search engines to deliver timely results. People are starting to expect that if they search for something related to a recent news story, they'll get recent, relevant results.
But that's a problem for current search algorithms. The most relevant page for something that is happening right now might be a story on a new, obscure blog.
Links from other blogs and news stories are a way to get around this, but only partly. While constantly crawling a number of popular blogs is likely to yield relevant results, they only show what bloggers think is interesting.
And that's where Twitter comes in. It shows which topics are popular, if they are increasing or decreasing in popularity, and which pages are getting linked to most when people discuss that particular topic. That data is *hugely* valuable.
On top of that, comprehensive data analysis on Twitter allows a company to identify the patterns which signify that a topic has a large chance of becoming popular before it actually reaches that point. Google already can do this partly by looking at real-time search trends, but seeing how often things get re-sent and such by users would increase that ability even further.
So, a company like Google could benefit greatly from owning Twitter even if it didn't make them any money directly.
However, a new or existing Google competitor could benefit from it even more - because it could give them an edge over the market leader. Which, in turn, means that its value to Google increases, too.
If Twitter manages to prove its longevity, it will almost certainly become the centerpiece of a bidding war involving Google, MS and possibly others at some point - even if it never makes a profit.
Twitter, Facebook, YouTube- none of these are net positive at the end of the day. They aren't making money, they're struggling to cover the cost of their operating expenses.
Apparently Facebook is as of this quarter.
But still.
Twitter is full of useless "I'm on the toilet" updates.
Facebook and MySpace at least have a lot of demographic and statistical information on a huge portion of the population via profiles, notes, apps, quizzes, etc. and that information has value.
And once again, the people in this industry show how clueless they are.
Let's assume for a moment that Twitter will never generate any profit. Even then, it would still be worth a shitload of money.
Why? The answer is quite simple. Let's just take a look at Google.
Google has tens of billions of dollars in revenue, virtually all of it from advertising. That revenue largely depends on Google's ability to serve relevant ads. Moreover, a major chunk of Google's revenue is derived from their #1 position in the search market.
As content on the internet expands, it becomes ever more important for search engines to deliver timely results. People are starting to expect that if they search for something related to a recent news story, they'll get recent, relevant results.
But that's a problem for current search algorithms. The most relevant page for something that is happening right now might be a story on a new, obscure blog.
Links from other blogs and news stories are a way to get around this, but only partly. While constantly crawling a number of popular blogs is likely to yield relevant results, they only show what bloggers think is interesting.
And that's where Twitter comes in. It shows which topics are popular, if they are increasing or decreasing in popularity, and which pages are getting linked to most when people discuss that particular topic. That data is *hugely* valuable.
On top of that, comprehensive data analysis on Twitter allows a company to identify the patterns which signify that a topic has a large chance of becoming popular before it actually reaches that point. Google already can do this partly by looking at real-time search trends, but seeing how often things get re-sent and such by users would increase that ability even further.
So, a company like Google could benefit greatly from owning Twitter even if it didn't make them any money directly.
However, a new or existing Google competitor could benefit from it even more - because it could give them an edge over the market leader. Which, in turn, means that its value to Google increases, too.
If Twitter manages to prove its longevity, it will almost certainly become the centerpiece of a bidding war involving Google, MS and possibly others at some point - even if it never makes a profit.
My brain hurts...
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