Twitter Clocks in at $3.7 Billion
If the funky little bird is worth so much, why did it need a $200 million dollar cash infusion from investors? Or one might ask, why invest in a company which has yet to make a dime?
While I have been an off/on Twitter user, I find very little reason to believe it will ever be a google-eyed financial monster. Ads and any other intrusion into my tweeting will dampen my enthusiasm and most likely drive me away from the vehicle. And, I am probably not in the minority as Twitter has yet to venture into a full blown Wastebook financial prostitution of a great information tool. [Read more…]