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I think it's the orders of magnitude out bit that people object to. Twitter is obviously fun and useful for some, eg journalists who want to pad their celeb go
by axod 16y ago
I think it's the orders of magnitude out bit that people object to.
Twitter is obviously fun and useful for some, eg journalists who want to pad their celeb gossip news story out with "X tweeted Y", etc
But is it really worth $10bn to humanity? Nope.
Is it really ever going to be worth anything close to that based on revenue? Again, nope.
- jdminhbg 16y ago"But is it really worth $10bn to humanity? Nope." How did you arrive at that conclusion?
- pclark 16y agoI think you're dreaming. :D Is Twitter worth $10bn today? Probably not. Could it be? Easily. Hell, I'd invest assuming the CEO was good. Twitter gets so much attention from its users each day. It has replaced email for social things. I have made so many friends and connections on Twitter it's almost ridiculous. It's where people go to converse, to ask questions, to find out what is happening in the world. It's why Al Jazeera paid for sponsored search terms during Egypt. Twitter is giving a voice to people that are previously unheard, and in the future, this will be huuuuuge in 3rd world countries - remember that Twitter can work entirely via SMS. We have no idea what is happening in most parts of the world, but with Twitter, we can listen and learn. I genuinely think Twitter is one of the most revolutionary products on the internet since email, it has the potential to be significantly more impactful than Facebook, Microsoft or even Google can dream of. The only thing holding Twitter back is people like you who look at Twitter and don't get it, it is so simple people cannot see why its valuable. :) You can follow me on Twitter here: @plc
- samtp 16y agoPlease step out of the bubble and talk to someone not involved in the tech world. To them and most people, twitter is a buzz word used by news channels to sound 'hip'. Thats about it
- pclark 16y agoIt's as if it takes time - years - for crazy consumer propositions to propagate from early adopters to people outside of the tech world. When Jorge Lorenzo has his Twitter handle printed on his Yamaha motorcycle, its safe to say that Twitter is used by people outside the tech world.
- axod 16y agoTwitter is used by techies, and the media/PR. I'd say it's safe to say a large amount of people have tried twitter, but their retention rate is abysmal.
- axod 16y agoYou're high. > "It has replaced email for social things" WTF? Maybe for you, if you say so, but people still get several orders of magnitude more social email each day that twitter messages have ever been sent. > It's where people go to converse, to ask questions, to find out what is happening in the world. It's why Al Jazeera paid for sponsored search terms during Egypt. > Twitter is giving a voice to people that are previously unheard, and in the future, this will be huuuuuge in 3rd world countries - remember that Twitter can work entirely via SMS. We have no idea what is happening in most parts of the world, but with Twitter, we can listen and learn. That's utter BS. Egyptians on the ground, rioting, don't think "Oooh! I must tweet about this". I'll give twitter 5 years before it's irrelevant. Maybe 2 years if AOL buys it.
- pclark 16y ago> I'll give twitter 5 years before it's irrelevant. Maybe 2 years if AOL buys it. I'll take that bet thank you very much. :) How about: if Twitter hasn't IPO'd / been acquired for greater than $10Bn in 5 years, you owe me dinner. (we live close to each other remember)
- axod 16y agoDeal, although I'm not sure that's a good criteria. Obviously Twitter is worth what someone is willing to pay for it. If AOL had 100Bn in the bank, maybe they'd buy twitter for 10Bn. But to me, that wouldn't prove Twitter is worth 10bn on an open market, it just validates that AOL is absolutely batshit crazy and likes losing money. Maybe it's just me... Everyone in my extended family uses email regularly. Most use facebook weekly or daily. Twitter rarely comes up at all.
- deleted 16y ago[deleted]