Comments on: Report: VC infusion values Twitter at $250 million

TechCrunch reports that the microblogging company may have signed a term sheet for new funding, giving it more time to find a stable business model.

[sidharthdassani]

For gods sake please link to the original story. You keep linking to your old stories but have not linked to the original story. Big Ethics FAIL

[Benlofton]

This isn't Fail blog...

[mjconver]

Of course it's not a viable business model! Anything with "free" as key element is not a business, it's a charity.

[simplelifer]

I don't get it.

Valued at $250 million? Based on what? Future ad revenue (Would a bank loan me $10 million now because I've the potential, and a good track of record, to make more than that in the near future?)? Facebook (One that still does not yet have any solid revenue generating model without violating users' privacy one way or another) offering?

How many readers here would invest your own money in Twitter? I wouldn't. Because of one, I don't have any. Two, it's not terribly difficult to switch from Twitter to another similar service providers except I would lost all my contacts (I guess someone smart would probably find a way to solve that). And three, would Twitter able to keep its current growth rate without the media, like Cnet.com, exposure that it has enjoyed so much?

[codynews]

What do they do to be worth a quarter billion dollars? hahah.. What a joke.

They do nothing. It's a site where you txt stupid stuff to and they broadcast it out to people in your group. What's to stop someone (okay, maybe it would take 2 or 3 people) for making a site that does the same thing? Yeah you wouldn't have the population but that doesn't seem like a huge challenge.

Does twitter even make any money now?

I hope whatever fool gave these guys money gets soaked.

[MadLyb]

How appropriate that a site that primarily caters to people who feel they need to stoke their ego by telling the world what they are constantly doing, would have the ego to think that it is worth $250 million with zero income and no model to filling that gap.

Have we not got past this yet?

[mcbutterbuns]

I think you're very wrong. The fact that Twitter is so hugely popular means that there is some use for it. I dont (and neither do my friends) use twitter to tell each other what were doing every second of the day. Yes, that would be boring.

But I do use it to share links, interesting news bits I find, and occasionally personal updates for those that are close to me.

One thing you need to remember is that just because you don't use it, doesn't mean its worthless as a whole.

[brian.lee]

RE: "by mcbutterbuns January 25, 2009 8:43 PM PST
I think you're very wrong. The fact that Twitter is so hugely popular means that there is some use for it. I dont (and neither do my friends) use twitter to tell each other what were doing every second of the day. Yes, that would be boring."

Yes people will use it as long as it's free... the problem with .com's is that their solution for everything is AD's we'll sell AD's... or We'll sell peoples personal information.

"One thing you need to remember is that just because you don't use it, doesn't mean its worthless as a whole. "

Absoulty correct so would you be willing to pay for it? Would your friends be willing to pay for it?

[itsmethemike]

I think Twitter is a fad.

[markdrury]

Why doesn't Twitter pimp ads in their text messages using 4INFO's ad platform? Such a revenue-sharing deal would be a small start, at least.