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"... Successes like YouTube ... convinced some venture investors that building a Web site with a large number of users could still be more valuable than making
by bootload 18y ago
"... Successes like YouTube ... convinced some venture investors that building a Web site with a large number of users could still be more valuable than making money from paying customers ..."
Does this still hold in the current post sub-prime credit squeeze?
"... Yammer, a new and much smaller copycat aimed at corporate customers, has a mere 60,000 users ... Just six weeks after its public debut, Yammer is already bringing in a modest amount of cash ..."
Note that Yammer really didn't have to invent the idea. Just sit, notice Twitter was on to something then build something derivative with a specific niche in mind - a Twitter hybrid. Steve Bowbrick mentions the BBC uses Yammer ~ http://commonplatform.co.uk/index.php/2008/10/15/huggers-yammers/ http://commonplatform.co.uk/index.php/2008/10/15/huggers-yam... So Yammer is going for a profitable niche.
What is Twitters niche?