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-   -   Twitter raises $100 million in venture capital. (https://gfy.com/showthread.php?t=931501)

EthnicLover 10-04-2009 11:01 AM

Twitter raises $100 million in venture capital.
 
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.

StuartD 10-04-2009 11:07 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?

mainkey 10-04-2009 11:12 AM

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

crockett 10-04-2009 11:14 AM

Quote:

Originally Posted by EthnicLover (Post 16390163)
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.

EthnicLover 10-04-2009 11:34 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.

Nautilus 10-04-2009 11:34 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.

StuartD 10-04-2009 11:41 AM

Quote:

Originally Posted by EthnicLover (Post 16390443)
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.

Agent 488 10-04-2009 11:43 AM

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

EscortBiz 10-04-2009 11:44 AM

100 mil in the toilet

Iron Fist 10-04-2009 11:47 AM

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

StuartD 10-04-2009 11:51 AM

Quote:

Originally Posted by Agent 488 (Post 16390473)
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

StuartD 10-04-2009 11:52 AM

Quote:

Originally Posted by sharphead (Post 16390482)
Maybe they can afford to expand it to 150 chars now.

:1orglaugh:1orglaugh

tiger 10-04-2009 11:52 AM

What is that like .25 cents per bot?

Manowar 10-04-2009 11:56 AM

Quote:

Originally Posted by tiger (Post 16390498)
What is that like .25 cents per bot?

:1orglaugh:1orglaugh so true

EthnicLover 10-04-2009 12:15 PM

Quote:

Originally Posted by sharphead (Post 16390482)
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.

Davy 10-04-2009 12:24 PM

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

That sums up the strategy of the social websites.

Barefootsies 10-04-2009 12:35 PM

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.

Nautilus 10-04-2009 12:52 PM

Quote:

Originally Posted by Barefootsies (Post 16390616)
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.

Barefootsies 10-04-2009 12:57 PM

Quote:

Originally Posted by Nautilus (Post 16390652)
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. :thumbsup


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