Thursday, February 10, 2011

Are you worth a Billion? Let alone 8 Billion!!

Well according to some experts you might not be but twitter is. In a recent article in the WSJ it reported that several companies have inquired in acquiring the social media site. The two main players are google and Facebook. Even though twitter reported losing money last year do to expansion and is only estimating revenue around the 200 million it still Seems to be fetching a high price. Some people believe (myself inculded) that this is just another clash with two behemoths in the social media world trying to keep the other one from gaining any edge. Well as of now no sale has happen nor does it look like there will be any time soon. This article makes me wonder if one day I too could get paid billions for something nobody needs but everybody wants.

So for today I will dream big and live poor!!!!

http://online.wsj.com/article/SB10001424052748703716904576134543029279426.html?mod=WSJ_Tech_LEADTop

1 comment:

  1. I have never been on Twitter and only ever go to my facebook maybe once or twice a month. I dont understand the hype of social media's appeal very much. I understand the data that can be accumulated from it but beyond that I don't see much of a point.

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