What Makes Twitter a Winner and Game-Changer?
Today Twitter announced that they are receiving an additional $35 million in funding (even though they don’t really need it).
Erick Schonfeld from TechCrunch took the opportunity to ask IVP’s (Institutional Venture Partners) Todd Chaffee about why they decided to invest in Twitter at this stage. In response, he listed off a few reasons why Twitter is a winner and potential game-changer. These bullet points really caught my eye:
1. Open. That makes it easy for others to build on top of Twitter and it also makes it searchable.
2. Real time. It is a huge database of what is happening right now.
3. Ubiquitous. You can get to it from just about any device.
4. Scalable. (Don’t laugh)
5. Persistent. It allows for an archive of what is happening and what has happened, which is searchable (see No. 1).
Read more on that interview here…
It seems so simple yet not many companies can cross every one of these points off the list. I’ll definitely keep this in mind while moving forward with some of my projects. At least two of them are heading in this direction (I hope): Remobo and Rotzy