Jul 07

Twitter a dumb dotcom idea?

Azwar Ghazali

by Azwar Ghazali
Category: Digital Influence, Digital Reputation, Hong Kong, Influencers

Recently, facebook has been going on a PR campaign saying that it will be profitable within a year.

Times Online from the UK, just a few days ago, recently listed the “10 dumbest dot-com ideas”. It lists Twitter at the top of the list. Presumably, the “dumb” comes from a zero profit-making point-of-view, this post being the Money Central section of Times Online.

http://timesbusiness.typepad.com/money_weblog/2009/07/the-10-biggest-dot-com-disasters.html

I’m not too sure whether I agree that Twitter is a “dumb” idea. It certainly is a great tool, if used wisely. But yes, some questions do arise – if it’s not profitable, how much longer can it continue? Are they getting more VCs in? Have they devised a profitable model surrounding their business? Will Twitter have to change to make itself profitable? What happens if Twitter goes bust – what happens to the millions of users?

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