Twitter reports 1 billion tweets

Discussion in 'Wall St. News' started by stock_trad3r, Nov 12, 2008.

  1. twitter is drivel.
     
  2. how do they make their money?
     
  3. 50_Bip

    50_Bip

    Why do I need Twitter in my life?
     
  4. They just got some from the Fed... :D

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  5. Ads. Although twitter isn't profitable thats not important as long as the userbase continues to surge. As the number of users rises the cost per user falls.
     
  6. Isn't it important that a company is profitable in our "new" economy?
     
  7. Brandonf

    Brandonf ET Sponsor

    When I first heard of twitter I thought this is the stupidest thing. When I first saw it I thought it was even dumber. However, a couple friends had been using it for marketing purposes and kept saying how great it was, so I followed them. It's amazing as a selling tool. I think totally worthless otherwise, but if you have something to sell, twitter is amazing.
     
  8. Not really. You can theoretically start a company and then 'pay it' $1,000 and it would technically be profitable, but a really crappy company.
     
    #10     Nov 12, 2008