Friday, February 27, 2009

Can Twitter make money?

FT asks whether Twitter can ever make money - here....

Clearly Twitter is heading down the road to profitability via ads served to users similar to the ads on Facebook. I'll grumble when they do it, but I'll probably keep tweeting...

It took me awhile to be won over by the world of microblogging, but I now see the power of twitter. If you follow the right people, smart people, & connected people, your twitter account can become like a real-time news crawl updating with relevant data non-stop.

A smart step would be for Twitter to identify power users (maybe via a digg-style popularity tool) and employ a Twitter editorial board of top posters.

My fear is that Twitter may be overtaken by the mlm scammers. There appear to be quite a few of them on board already.

Follow me at http://twitter.com/grindstone_fin

Later.

1 comment:

Anonymous said...

Twitter appears to be a good concept for orginizations or groups of people to communicate in a "speakerphone" format. As for the concept of having yet one more format for people without a life to connect with yet more people witout a life about what they think may be important, Yeah that's what we all need :)

But maybe the people therein do need it for their own self esteem. After all, if one has the ability to "connect" or reach out and communicate with more people than they otherwise would have the ability to, they could actually feel like they were contributing. Even if it was a contribution of nothing anyone wanted, needed or cared about.

I wouldn't invest too much money in the IPO. It will be a mass of crap messages insise of two years.

Azimov, are you out there ????