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Is it just me or am I daft to think that there's no way that Twitter can be good value at around $80 million?

Encouraged by Brand Republic's beloved leader, I've taken to the occasional Twittering. I have two followers - Gordon, who put me onto it in the first place and some dude in the States who found me by happy accident. 

They get to read my Twittering and I get to read their's. Over time, I may add a follower or two - hey, if you're interested just search for alanmunro in Edinburgh...

But, for the life of me, I can't see how Twitter is going to make any money. 'Show me the revenue model!' I hear my inner capitalist say in sarcastic tones.

If the rumours of third round funding of $15 million are true then someone somewhere is expecting to be able to turn a heap of cash through Twitter at some point. I just can't see how. Mind you, I'm also at a loss to understand how some VC has dived in with this highly risky venture when all the ones I've spoken to about my own grand plan (which goes for a good old fashion cash for services rendered revenue model) seem to hem and haw forever and never quite get round to writing a cheque.

Perhaps I should put out a request for funding on Twitter ...

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Alan Munro's Blog

 

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Alan Munro

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Alan Munro's Blog

Member since: 03 Jun 2008

Last login: 01 Sep 2009

Total Posts: 125

 
 
 
 

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