Let me start with a statement. I wish I had come up with Twitter concept and I wish I could have the U$100 million in investments available for my businesses.
However everytime I see Twitter as a business I ask myself What’s wrong with you Twitter people?
Twitter is not the new kid on the block anymore. Data from Twiter usage is coming from bad to worse and the brand percepetion of Twitter is not helping at all.
Third Annual Survey of Top Marketing Trends by Anderson Analytics and The Marketing Executives Networking Group (MENG)
73% of Twitter accounts have tweeted fewer than 10 times according to a new report from Barracuda Networks, a Web security company.
As of December 2009, only 21% of Twitter account holders were what Barracuda defines as “true users,” meaning someone who has at least 10 followers, follows at least 10 people and has tweeted at least 10 times.
Wired 40
In 2000, Wired published the Wired 40 — 40 companies that they said were engineering the new economy.
“A future of unprecedented growth lies ahead”.
Well, let’s pretend that we took their advice and invested $10,000 of our cash into those 40 companies. Where would we be now?
This is an exercise by Wired magazine…..
That $10,000 worth of stock in 2000 would carry a value of just $6,870.29 today. (There are some variables here — in some cases, we assumed you had sold your stock in, say, Enron, on the last day of trading, which is unlikely. This combines both worst- and best-case scenarios.) Think we stink as stock pickers? We’re not the only ones. The Nasdaq is valued at less than half of what it was in March 2000, when the dotcom crash began.
Big picture is good, but reality bites soon or later. The question is simple. How the $100million ill return?
Lucio Ribeiro
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