With the upcoming holidays he has time enough to write that business plan....
added that it was difficult to try and define Twitter’s function and purpose
i can't figure this out either.
You have traffic. Monetize it.
I thought encouraging mutilation of the English language and enabling narcissists were its long term purpose.
|With the upcoming holidays he has time enough to write that business plan.... |
In 140 characters of less.
Twitter's challenge will be matching their own financial needs with those of the large 3rd party ecosystem that has grown up around them. It is 3rd party innovation that has grown Twitter, not Twitter's own brilliance.
If they alienate those who share the ecosystem (and their users) they will have a problem. If they only wait for third parties to innovate, they will also have a problem. Good luck to them on this job - sometimes stating the issue clearly is the biggest part of finding a solution.
Not very surprising. Having no business model seems to be the trend of many high-profile internet companies these days.
I thought their business model was to raise money round after round.
Vision can wait till there are VC's lining up with the hopes of monetizing the mega conversation riot!
I don't see twitters traffic ever being profitable, if people are having trouble converting facebook traffic i'd hate to be trying to convert a twitter user.
In other words - the CEO is saying "buy me", for a crazy sum of course.
Yes @Sgt_Kickaxe, I think you've read between the lines.
They probably missed the boat on this and should have sold up a year or two ago.
But what's the point anyway? It's like Twitter HAS to have some sort of long term goal to do more than just tweeting, because they've become some massive organisation.
At the end of the day, the success of Twitter is down to it's simplicity and single focus - bolting crap on to it to appear like progress is being made is a folly.
Perhaps them twitter cats are just living in the Now.