now Twitter people were sort of raising eyebrows on going is this a joke when
eyebrows on going is this a joke when
eyebrows on going is this a joke when they did their big deal at a hundred
they did their big deal at a hundred
they did their big deal at a hundred million I don’t even know if those post
million I don’t even know if those post
million I don’t even know if those post money or pre-money 100 million valuation
money or pre-money 100 million valuation
money or pre-money 100 million valuation they now did a valuation a hundred
they now did a valuation a hundred
they now did a valuation a hundred million raised at a valuation of the
million raised at a valuation of the
million raised at a valuation of the billion what do you think about Twitter
billion what do you think about Twitter
billion what do you think about Twitter do you think that those kind of
do you think that those kind of
do you think that those kind of valuations make sense there’s something
valuations make sense there’s something
valuations make sense there’s something about valuations that it’s almost easier
about valuations that it’s almost easier
about valuations that it’s almost easier to get a higher evaluation before you
to get a higher evaluation before you
to get a higher evaluation before you you have any money before you’re making
you have any money before you’re making
you have any money before you’re making any money so if you’re pre-revenue it’s
any money so if you’re pre-revenue it’s
any money so if you’re pre-revenue it’s anyone’s guess as to how much money you
anyone’s guess as to how much money you
anyone’s guess as to how much money you might make somewhere down the road and
might make somewhere down the road and
might make somewhere down the road and twitter has been holding off on turning
twitter has been holding off on turning
twitter has been holding off on turning on their revenue stream there’s lots of
on their revenue stream there’s lots of
on their revenue stream there’s lots of ways they can make money they can just
ways they can make money they can just
ways they can make money they can just plaster the site with ads and they’ll be
plaster the site with ads and they’ll be
plaster the site with ads and they’ll be start making money overnight I think
start making money overnight I think
start making money overnight I think they don’t want to do that they want to
they don’t want to do that they want to
they don’t want to do that they want to find some new way to make money that is
find some new way to make money that is
find some new way to make money that is in keeping with the user experiences
in keeping with the user experiences
in keeping with the user experiences they’ve raised so much money they don’t
they’ve raised so much money they don’t
they’ve raised so much money they don’t have to figure that out yet but time is
have to figure that out yet but time is
have to figure that out yet but time is ticking and now with this new fun you
ticking and now with this new fun you
ticking and now with this new fun you know investors going to want to see see
know investors going to want to see see
know investors going to want to see see what they have not just in terms of user
what they have not just in terms of user
what they have not just in terms of user growth which also is flatlining taking
growth which also is flatlining taking
growth which also is flatlining taking this engaged audience and then turning
this engaged audience and then turning
this engaged audience and then turning it into either a marketing vehicle to
it into either a marketing vehicle to
it into either a marketing vehicle to that audience or or to provide premium
that audience or or to provide premium
that audience or or to provide premium services for corporations that want to
services for corporations that want to
services for corporations that want to use it you know as a way to reach out to
use it you know as a way to reach out to
use it you know as a way to reach out to engage on it I can see a lot of
engage on it I can see a lot of
engage on it I can see a lot of different ways that Twitter can make
different ways that Twitter can make
different ways that Twitter can make money but I also think that if they had
money but I also think that if they had
money but I also think that if they had a revenue stream if they were making you
a revenue stream if they were making you
a revenue stream if they were making you know even they’re making 20 million
know even they’re making 20 million
know even they’re making 20 million dollars a year for 15 million dollars a
dollars a year for 15 million dollars a
dollars a year for 15 million dollars a year then that would have given the
year then that would have given the
year then that would have given the investors something to value the company
investors something to value the company
investors something to value the company on it would be some multiple of whatever
on it would be some multiple of whatever
on it would be some multiple of whatever they were making and there’s no way that
they were making and there’s no way that
they were making and there’s no way that you would have gotten two billion dollar
you would have gotten two billion dollar
you would have gotten two billion dollar valuation so in a way they were smart to
valuation so in a way they were smart to
valuation so in a way they were smart to hold off because they knew you know they
hold off because they knew you know they
hold off because they knew you know they have this they’ve been in discussions
have this they’ve been in discussions
have this they’ve been in discussions with potential acquirers right so either
with potential acquirers right so either
with potential acquirers right so either they they get acquired or they try and
they they get acquired or they try and
they they get acquired or they try and go it alone in order to go it alone they
go it alone in order to go it alone they
go it alone in order to go it alone they needed a big chunk of cash so that they
needed a big chunk of cash so that they
needed a big chunk of cash so that they can go up against facebook and go up
can go up against facebook and go up
can go up against facebook and go up against google to sort of build out
against google to sort of build out
against google to sort of build out their their their system I mean even now
their their their system I mean even now
their their their system I mean even now there’s you know it seems like daily or
there’s you know it seems like daily or
there’s you know it seems like daily or weekly issues with the with the service
weekly issues with the with the service
weekly issues with the with the service if
if
if needs to scale and be reliable for
needs to scale and be reliable for
needs to scale and be reliable for whatever reason for this very simple
whatever reason for this very simple
whatever reason for this very simple messaging service that’s a public posi
messaging service that’s a public posi
messaging service that’s a public posi private messaging service it’s a new
private messaging service it’s a new
private messaging service it’s a new form of communication really I think of
form of communication really I think of
form of communication really I think of it as this kind of somewhere between
it as this kind of somewhere between
it as this kind of somewhere between private im’s and and public blogging
private im’s and and public blogging
private im’s and and public blogging it’s like a public IM system everything
it’s like a public IM system everything
it’s like a public IM system everything on the internet that’s grown really fast
on the internet that’s grown really fast
on the internet that’s grown really fast has been some form of communication you
has been some form of communication you
has been some form of communication you take on media and content to that
take on media and content to that
take on media and content to that communication and that’s what becomes
communication and that’s what becomes
communication and that’s what becomes really powerful you know for me twitter
really powerful you know for me twitter
really powerful you know for me twitter is a its kind of the backbone of a new
is a its kind of the backbone of a new
is a its kind of the backbone of a new computing infrastructure in a way it’s
computing infrastructure in a way it’s
computing infrastructure in a way it’s not just Twitter it’s this whole idea of
not just Twitter it’s this whole idea of
not just Twitter it’s this whole idea of these streams so the information and
these streams so the information and
these streams so the information and that’s why I think you’re seeing
that’s why I think you’re seeing
that’s why I think you’re seeing Facebook totally is that what recast
Facebook totally is that what recast
Facebook totally is that what recast itself is Facebook and Mark Zuckerberg
itself is Facebook and Mark Zuckerberg
itself is Facebook and Mark Zuckerberg Twitter Envy is that a smart gut or
Twitter Envy is that a smart gut or
Twitter Envy is that a smart gut or strategic decision or direction I’ve
strategic decision or direction I’ve
strategic decision or direction I’ve been very impressed with how quickly
been very impressed with how quickly
been very impressed with how quickly that company which is already a pretty
that company which is already a pretty
that company which is already a pretty large company has been able to almost
large company has been able to almost
large company has been able to almost turn on a dime focus on this area either
turn on a dime focus on this area either
turn on a dime focus on this area either that’s the right bet or it’s the wrong
that’s the right bet or it’s the wrong
that’s the right bet or it’s the wrong bit but obviously the folks at Facebook
bit but obviously the folks at Facebook
bit but obviously the folks at Facebook believe strongly in the stream as a sort
believe strongly in the stream as a sort
believe strongly in the stream as a sort of metaphor for how you consume
of metaphor for how you consume
of metaphor for how you consume information and they’re emphasizing it
information and they’re emphasizing it
information and they’re emphasizing it and you know growing faster than Twitter
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