http://www.theglobeandmail.com/report-on-business/top-business-stories/early-bird-catches-worm-wishing-youd-sold-twitter-before-todays-plunge/article16724049/

So..... thoughts?

Don't care, never used twitter.

"“Twitter is becoming a more important source of referrals for retailers. They are not only sending more traffic, but it’s higher quality.” Tamara Gaffney, Adobe Digital Index, reported by The New York Times

“Twitter needs to answer the question about whether it can ever become a mass-market product, or whether it’s more destined to be a niche for news junkies. Depending on how fast it’s growing, that’s what we’re willing to pay for it.” Robert Peck, SunTrust Robinson Humphrey Inc., reported by Bloomberg"

I never knew twitter news was actually any good quality wise - if you read the bullcrap on it during the football transfer season you know what i mean :D. Twitter *is* mass market. Lots of people. Lots of journo's and people in media use it. How is it *not* mass market?. Some analysts really dont earn their money.



Also didn't they just opened themselves up to advertisers recently?.

Let it all burn, social networking is the digital incarnation of Satan

My thought is what sort of moron invests in a social media site?

Twitter has very little values for INVESTORS. Advertisements and marketing do not work, because people who use Twitter don't bother with them.

HOWEVER, buying Twitter is a valuable proposition for people who have wealth, powers and privileges -- because they can effectively control Twitter and censor what go onto Twitter.... I can see why and how, for example, the Saudi Arabian royal family would want to a controlling share in Twitter.

Same ones who invested in overpriced overhyped facebook one :P

^ This.

I never had any use for a site dedicated to reminding me of my old brick mobile phone and the tiny character limit with its SMS's.

That was predictable. Investors don't seem to have a clue about what they should expect from social networks. Twitter is only as good as the people you follow.

And they did opened themselves up to advertisers - you can pay to promote a tweet, but I don't think they shows with 3rd party apps - which most people seem to use.

I am pretty sure they made a ton of investments and even bought out a few companies and that is why they posted a loss.

Fuck all social networking. It's done nothing but ruin people and their lives.

What does this actually mean, though, in the long-term? Explain it to me like I'm five!