Twitter is close to hatching a paid-for business version of the micro-blogging service, while adding support for more languages. Website co-founder Biz Stone said onstage during a recent financial conference that those who sign up for future commercial accounts will gain access to "a view into everything about Twitter to better …
"to the extend that Tweeting is an acceptable verb"
Unless you're referring to a pretty little bird, 'tweeting' is NEVER an acceptable verb.
"We wouldn't have received that money without investors' confidence,"
I'm sure a lot of people said something very similar about 10 years ago, when all those websites suddenly 'disappeared'. Here's to the vanishing of Twitter, Facebook and every other pointless 2.0 site.
"We wouldn't have received that money without investors' confidence," you mean investor stupidity, did no-one learn anything from the dot-com boom.
Lose money forever?
MS burnt its fingers with Facebook's massive overvaluation, ITV never milked the possibilities of FriendsReunited, Google burns a half-billion dollars a year on YouTube, have Twatters VP's not realised they've bought vapour yet? Take away the financial heat source and it'll more or less vanish overnight. The company has no value, just costs, and you can't charge for an unreliable platform so have to increase costs even higher.
We are so cruising for the dot-com-bust-2.0 at the moment. For those who missed the first one, it killed/severely wounded Marconi, BT, etc who had invested heavily. We all knew property was overvalued, then unsurprisingly it crashed, it always does. Now we're going to watch the dotcom crash cycle once again, and it's probably for the best.
Interestingly, a senior guy from Sequioa Capital (one of the big original backers of Google) claimed last week that youtube is not making money... He seemed pretty cross about the suggestion that it was bleeding wonga, too.
('Twas on last week's "The Bottom Line", on BBC Radio 4, for people who have iPlayer access and morbid curiousity)
"a view into everything about Twitter to better exploit Twitter's marketing prowess"
No need for a commercial account, I can reveal their entire business plan for nowt.
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