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EthnicLover

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#1

Twitter raises $100 million in venture capital.

10-04-2009, 10:01 AM

http://www.investorplace.com/experts...ck-symbol.html

"The bottom line is Twitter doesn't have any revenue. And if Facebook and MySpace are any indications, it won't have much, ever.

A billion is a lot to pay for a toy."

Ouch!

There are many people using Twitter as a traffic funnel that brings them business, now if the company could only figure out how to do the same.

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StuartD

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#2

10-04-2009, 10:07 AM

Why are there no ads or anything on the site? It's like they're not even trying.
Put in a system (like facebook) where people can buy and put in their own ads and perhaps it won't get out of the red but at least it would be making something, no?

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#3

10-04-2009, 10:12 AM

Youtube don't work profitably too. Twitter should change their marketing plan if they had they had one. I think they don't...

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#4

10-04-2009, 10:14 AM

Originally posted by EthnicLover

http://www.investorplace.com/experts...ck-symbol.html

"The bottom line is Twitter doesn't have any revenue. And if Facebook and MySpace are any indications, it won't have much, ever.

A billion is a lot to pay for a toy."

Ouch!

There are many people using Twitter as a traffic funnel that brings them business, now if the company could only figure out how to do the same.

People need to understand these sites are making their money by getting venture capital. That is essentially the business model and it's the same kind of thing that led to the last internet bubble. Seems people just never learn or yet maybe they do.. The ones getting the venture capitol seem to know what they are doing at least.

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EthnicLover

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#5

10-04-2009, 10:34 AM

I would think one of the things that would be a bit scary to Twitter investors/owners are the trending topics. Most of the time these topics seem to be fueled by kids. Just look at a few of the topics right now:

Lady Gaga
imtwitaddicted
iminchurch
Zombieland

Aside from the bots the people tweeting these topics seem to be largely kids.

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Nautilus

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#6

10-04-2009, 10:34 AM

FB managed to at least break even finally (not including capital expenditures though as the article mentioned), probably twitter can do that too some day - things that are not loosing money can exist much longer, there will always be some one willing to invest in hopes to profit sooner or later.

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StuartD

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#7

10-04-2009, 10:41 AM

Originally posted by EthnicLover

I would think one of the things that would be a bit scary to Twitter investors/owners are the trending topics. Most of the time these topics seem to be fueled by kids. Just look at a few of the topics right now:

Lady Gaga
imtwitaddicted
iminchurch
Zombieland

Aside from the bots the people tweeting these topics seem to be largely kids.

Well, Lady Gaga was just on SNL and Zombieland just came out... so it's equal parts kids and equal parts "what just happened"....

In addition to being a 'micro blog' or what ever it's called, it's also a 'micro attention span' site. Even fads that last a week are still lasting 6 days longer than topics on Twitter.

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Agent 488

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#8

10-04-2009, 10:43 AM

average twitter user age is older, like 30-50.
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#9

10-04-2009, 10:44 AM

100 mil in the toilet

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#10

10-04-2009, 10:47 AM

Maybe they can afford to expand it to 150 chars now.

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#11

10-04-2009, 10:51 AM

Originally posted by Agent 488

average twitter user age is older, like 30-50.

Apparently that's shifting...
http://blog.comscore.com/2009/09/cha...f_twitter.html
http://www.textually.org/textually/a.../02/022697.htm

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StuartD

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#12

10-04-2009, 10:52 AM

Originally posted by sharphead

Maybe they can afford to expand it to 150 chars now.

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tiger

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#13

10-04-2009, 10:52 AM

What is that like .25 cents per bot?
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#14

10-04-2009, 10:56 AM

Originally posted by tiger

What is that like .25 cents per bot?

so true
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EthnicLover

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#15

10-04-2009, 11:15 AM

Originally posted by sharphead

Maybe they can afford to expand it to 150 chars now.

For $100 mil. they could at least do us that service.

"They are fueling its continued growth and pushing it ever closer to achieving critical mass. If that happens, it will be the first example I can think of where the younger demographics were not the critical early adopters of a new Internet technology yet still played a vital role in its adoption curve." - comScore

Those damn celebrities are to blame.

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#16

10-04-2009, 11:24 AM

Growth -> first.
Income -> (maybe) later.

That sums up the strategy of the social websites.

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Barefootsies

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#17

10-04-2009, 11:35 AM

Reading over some of the replies in this thread,... it is no wonder many adult WM are failing. It is simply amazing to say the least, and reinforces the broadly held view that many 'old timers' in this industry got lucky. Once it took some skill online to make money, they prefer to spend their time making threads, and blaming others, and technology for their short falls.

Amazing.

Many apparently have absolutely no clue about controlling the media, and marketing to the masses. Which is more a less what Twitter is about.

Carry on.

Last edited by Barefootsies; 10-04-2009, 11:37 AM.

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Nautilus

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#18

10-04-2009, 11:52 AM

Originally posted by Barefootsies

Many apparently have absolutely no clue about controlling the media, and marketing to the masses.

Yeah many including the owners and investors of social networks like twitter, MS and FB.

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Barefootsies

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#19

10-04-2009, 11:57 AM

Originally posted by Nautilus

Yeah many including the owners and investors of social networks like twitter, MS and FB.

Are they in this thread?

Wow. I did not know we had those investors, and owners were in the thread of reference I had remarked on.

Bravo.

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