Twitter replaced Facebook as the hottest and coolest company in Silicon Valley
Feb 2009 was a month for twitter. Recently Twitter closed a $35m (NZ$68.1m) round of venture capital investment at a valuation of about $250m during the economic crisis. Secondly a research from Pew internet and American Life Project revealed that 11 per cent of Americans have used a service such as Twitter, Third, in a survey of 200 top digital marketing of which social media service is the most effective financial investment for businesses – Twitter getting 40 per cent and Facebook only 15 per cent of the vote.
All this should not be taken as success and Twitter should learn from Facebook’s mistake to stay ahead in the market place. Who knowns in 2 years time another fresh-faced startup might just come in and do the same to Twitter.
Source NZ Herald
February 24th, 2009 at 8:50 am
This entry is informative.. Thanks for sharing this post, I am updated of the recent happening about twitter and other social networks.