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Forums › Social networks, social media, and tools › Facebook and Google want Twitter


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Topic # 77151 11-Feb-2011 11:22 Send private message

http://computerworld.co.nz/news.nsf/news/report-twitter-chased-by-facebook-google-for-up-to-us10billion

That's some serious dosh to be turning down... It'll be interesting to see how much capitalisation the Twitter executives can start pulling out of the company and what directions it may start taking.




Chuck Norris has abolished the periodic table of elements. The only element he recognises is the element of surprise!

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  Reply # 438236 11-Feb-2011 11:49 Send private message

DotCom bubble version 2.0.

It's kind of nuts for company that currently is making a $100 million dollar loss and that has no real business model other than hope ppc and impression advertising is going to pay for everything at $10 billion.

Facebook had the same problem and is only just now turning a profit based on revenue from advertising, the question is whether it's sustainable long term.  Many sites have been #1 for awhile then died off in the long run (see yahoo, aol, icq, myspace, bebo etc).

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