Showing posts with label microblogging. Show all posts
Showing posts with label microblogging. Show all posts
Sunday, 6 February 2011
Saturday, 14 February 2009
World's Tweeting... Are you?
Institutional Venture Partners and Benchmark Capital have 
Todd Chaffee, the partner at IVP gives four reasons about why it was a good idea to invest in Twitter in these recessionary period.
- Open. That makes it easy for others to build on top of Twitter and it also makes it searchable.
- Real time. It is a huge database of what is happening right now.
- Ubiquitous. You can get to it from just about any device.
- Scalable. (Don't laugh)
- Persistent. It allows for an archive of what is happening and what has happened, which is searchable (see No. 1).
Even I am using Twitter ,but not many of peers are.But amazingly I am able to interact with people whom I don't know at a intellectual level. If a see a interesting tweet , I just retweet and usually get a positive response.
The most fascinating thing for me is that Twitter has become the fastest growing phenomenon with just 29 employees!!!.
Chaffee says" Twitter is bigger than a lot of people realize and growing faster than a lot of people realize, but it has not hit the mainstream yet. It is just starting."
May be that's why they were bold enough to turn down a $ 500 million acquisition deal from Facebook.
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