An investor of course defends its investments, but he has a few valid points, but I’d argue that’s not because of Twitter itself, but by those using Twitter.
“…saying it has a chance to become a fundamental and important company in the tech industry, or what he calls a “thunder lizard.” Maples also said the company is changing the media, news and entertainment industries.”
“They have plenty of time and plenty of money”
The question is how they can have much money? It can’t be from revenue.
Is Twitter Losing Its Geek Cred- – Techi.com
All companies need to move from early adopters to mass market, so I have no problem with this. It’s just a logical step.
“Twitter is the best when it comes to communicating with everyone else”
Yet, anyone could set up such a service. There’s no technology barrier. It’s just a matter of users flocking to specifically Twitter, in large part helped by the abundance of third-party applications for all end-user platforms. Twitter itself is primarily a text message database.
Very interesting points:
“But I do believe that the rise in mobile and smartphone technology could open the doors for new services. These services would have to focus on creating social circles that originate around topics and/or groups. But we need is a service that works really well with mobile technology and can allow groups to be discovered, joined, and managed. Most importantly, it needs to allow third-party developers to build onto this platform and take advantage of the data to create new and useful experiences.”
“Also, a future Twitter competitor will need to be centralized, like Twitter, in order for it to become successful. People prefer an all-in-one solution.”
“But once a company can combine the best parts of Twitter, GroupMe, Facebook, and maybe a few other great services into a single product that is available on every platform, while also enabling developers to expand upon the service, we will have a formidable Twitter (and perhaps Facebook) competitor that will answer our needs.”
It’s interesting how public IT is now becoming the attention of non-technical fora like SXSW. That’s in itself a paradigm shift: Popularity is not controlled by technical complexity or innovation, but by simplicity, accessibility, convenience, hype, life-style implications etc.