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Rumor has it that Twitter raised yet another round of funding, putting its valuation anywhere from $60 to $150 million. Is it worth that much?
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7 months ago
Essentially, Hulu is only a YouTube clone, anyway, just owned and operated by the media conglomerates. No user-created stuff alongside LOST and The Office. Apparently, NBC, FOX, etc. are all too good for the stage that everyone else uses.
Google bought Jaiku, so I can't see them buying Twitter, too. I suppose Google could combine Jaiku and GrandCentral into something interesting, but who knows what's going on over there...
Putting such a ludicrous price on Twitter is still insane, just like it was on Facebook. Maybe they think that by putting such a high price on their service, they'll find a buyer who's foolish enough to assume the numbers weren't pulled out of nowhere? I don't know.
As it stands, you're right - they're not making much money on their own, and they don't seem to have a clear plan to change that.
7 months ago
7 months ago