$100m to figure out what you’re doing…
It’s no small secret that Twitter is the Internet’s largest growing social networking app/thingy. Micro-bloging was all the craze a few months ago when we got reports off every major news network of what soandso said on their Twitter account. Recently I was talking to an old friend of mine and bemoaning the idea that Twitter was actually a useful tool. He stated that you get out of it what you follow, he follows some very particular famous folks that lead what most would deem interesting lives. However when taking a survey of the Twitter landscape one can’t help but to see the spam/scams and generally banality of day to day living. At least traditional blogging can be construed as some form of news or at minimum an Op-Ed piece. But with only 140 characters its hard to really say anything of substance outside of a string of emoticons and LOLs, and thus my mind bending frustration with Twitter begins…
This morning I was linked to an article from Network World with the headline ‘Twitter is Dead’. Music to my ears, but really after reading I didn’t find the damning report that Twitter has ran out of money and is now belly up floating adrift in the gigantic pool of dead internet apps, but quite the opposite. While the author of said article thinks that Twitter is marked for death the reality is that people are funneling money into it (during an economic downturn mind you) to the tune of $100m to figure out a business plan. While I think its nice that the creators of the tweetverse hatched the idea without worrying about how to pump it’s users for money, its also laughable that it has grown to the point where sustaining the app/creating a business model costs around $100m. So the next time that a person signs up for Twitter and boarashly proclaims that s/he is going out to the grocery store to buy lemons remember that some investment capitalist thought that somehow, someway banal news and celeb induced stalking could generate profit 140 characters at a time…





















