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So the author would turn it into a nerd wet dream? Twitter doesn't make money because the idea isn't amenable to making money. It's that simple. There is thi

So the author would turn it into a nerd wet dream? Twitter doesn't make money because the idea isn't amenable to making money. It's that simple. There is this weird theory that if you get a bajillion people to use some website, it's worth a lot of money. No, it's really not. It's like trying to monetize a park. Sure, you can do that, but when you look around you'll realize you have built a carnival. That is the future of Facebook, of Twitter. They are going to turn into carnivals. Not because of bad management, but because they are corporations, and either they will decide to make money, or they will go away.

orangethirty 14y ago
I would, indeed, turn it into a nerds wet dream. What is wrong with that? Their current strategy seems to be focused on alienating the very people who helped the grow. Twitter doesn't make any money because it is focusing on finding a way to make money with messages that are no longer than 140 messages. A big userbase does equal value, though I agree it does not mean it is worth a bajillion. Maybe two billion like instagram. Monetize a park? Well, you can rent out some designated areas for birthday parties during the day. Then put a big movie projector during the night and sell over priced pop corn. You can do paintball matches during the weekends. Maybe build a small lagoon where people can row some wodden boats while reading poetry. You might even go as far as putting some small vending machines that sell bird food, so the kids can feed the pretty birds. No need to build a carnival when you focus on finding alternate business models. Though to build the lagoon, paintball course, outdoor movie theater, you need engineers... :)