4 ms·
A VC Gone Mad?
So it's time to revisit Twitter.
The news today that Fred Wilson's Union Square Ventures has funded Twitter is enough to bait me back into the ring.
- migpwr 19y agoA stab at twitter from the man who days earlier recommended buying facebook. What's the fb killer business model again? rigghht...
- joshwa 19y agoTheir business model, as far as I can tell, is to license the presence technology/platform (to other web2.0 sites, mobile carriers/developers, etc), and become the "finger" of web2.0. They want to become a network backbone, after a fashion.
- dpapathanasiou 19y agoI thought the "blame the buyer" comment was an interesting take on the relevance of business models. It's essentially the crazy-uncle-locked-in-the-attic aspect of all this, which no one wants to talk about.
- far33d 19y agoFred Wilson is basically following the tried and true investment philosophy of Peter Lynch - invest in what you know. He uses twitter. Lots. Why wouldn't he invest?
- weeblyrocks 19y agoFred Wilson has lost it.
- donna 19y agoAre social networks becoming the next the dot.com bomb?
- zurla 19y agothis blogger lost me when he implied the delicious acquisition was a mistake. that was a brilliant acquisition, and cheap. like in the 20M - 30M range for a very important internet property. it would sell for a lot more than 30M now.