I met the Norwegian Sindre Aarsaether at the last NY Tech MeetUp. He put an invite to the Hackers/Founders MeetUp on my Facebook wall. I signed up, I showed up. This was only the sixth Hackers/Founders MeetUp in New York. It has been growing fast. They are not listed on MeetUp.com, or at least the New York one is not. And it is curious they do it on the last Thursday of each month. The NY Tech MeetUp is on the first Tuesday of each month. I felt a sense of competition. But that does not apply to me. To me the two add to each other. The NY Tech MeetUp's biggest down point is that it collects 500 wonderful people in a room and lets them go to waste. Perhaps it is too big, but I have always wondered about the others in the room. At the Hackers/Founders MeetUp all the people that show up are the attraction. There is no other attraction. I guess you can argue the NY Tech MeetUp tries to get some of that at the after party, but my experience has been most people prefer to skip the after party.
Netscape was just a browser. It was not making any money. But it went public. It acquired a market value of billions overnight. That launched the dot com craze. That might have partly been responsible for many dot com booms and busts in the years ahead. The message that a business need not make money was, well, wrong. But the internet was very real, the web was very real, dot com was as real as it gets.
I think Twitter should similarly go public. And with the newfound wealth it should start zapping up companies left and right in the Twitter ecosystem. It should integrate all the hottest features into Twitter itself.
A tweet is like the atom in physics. A tweet is the building block to so many wonderful things. Twitter is utility. It is that fundamental. The revenue generation can wait. With the Netscape browser it was hard to imagine how money was going to be made. With Twitter, it is not that hard.
Are Bing and Google paying Twitter money to be able to search through all the tweets? Why did Twitter not do what Sponsored Tweets and Ad.ly are doing?
Twitter has to evolve and evolve fast if it is to go past the tech elite. You don't end up with a billion users if you stick to the same old same old. Rapid expansion asks for acquisitions. Acquisitions are done
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