I would have only taken 1 million to tell them it's a bad investment. This whole URL shortening business is so pathetic. OK, so twitter decided to be SMS compat

I would have only taken 1 million to tell them it's a bad investment. This whole URL shortening business is so pathetic. OK, so twitter decided to be SMS compatible and limit messages to 140 characters, so what? It's an arbitrary limit attached to a standard that has already reached it's peak and can only go down from here. With 3G and smartphones becoming ubiquitous less and less people are going to be using sms for their messaging and the need to limit messages to 140 characters will diminish. It's a waining market not a startup opportunity.