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Is Twitter Worth $1 Billion?

Started by Nick O'Neill · 10 months ago

This morning I loaded up Twitter.com and received an error message telling me that the site was not responding. Not the good way to start the day for a billion dollar company. How did I come up with the company being worth $1 billion? I didn’t, my friend Nate Westheimer did. %5 ... Continue reading »

8 comments

  • Twitter is still going through funding meaning they're yet to be profitable yet. Just recovering the costs would be something that will take some time to achieve.
  • How well it takes off is dependent on how much they charge for the service.
  • Nope. Payment processing requires even more robust performance than Twitter's existing messaging/micro-blogging application. You can't give people the fail whale when they are trying to buy something or pay a bill.

    Also Twitter would face competition from Facebook, PayPal (don't they essentially offer this already?), Google, etc. In the end this would turn Twitter into an execution play, and they've already shown that they can't execute on various key aspects of their business, i.e. reliability and scalability.
  • I think you have a typo in there Nick. I believe it should be "p dcpatton $50".
  • One of the smarter conclusions which has come out of the discussion about my post is the idea that PayPal wake up and build something on top of Twitter. I think the talk about Twitter's reliability is a valid one, but I state early in my post that the reliability issue is a constant for me. They either will or they won't fix things in the end. Clearly they can't proceed on any plan without fixing the most fundamental issues.

    Good discussion though!
  • It can be happened with all the huge company as well. No one is perfect.
  • That's okay, they will improve in the future.
  • What an ass hole!!

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