These New Stats Show Twitter Has a LONG WAY to Go
Last month Twitter was rumored to be worth $10 billion on a speculative Google (NASDAQ:GOOG) buyout. Then a few days ago Twitter raised some capital from JPMorgan’s (NYSE:JPM) new Social Media fund valuing the firm at a more reasonable $4 billion. (See “Don’t Believe the Hype: Here’s Why the Social Web is Merely a Niche“)
But if you think Twitter is the next Facebook, you’re wrong. The mass text-messaging company has a long way to go.
Market research company sysomos analyzed over a billion tweets and issued their annual Twitter Statistics for 2010 report. Although we would love more granularity to make bolder conclusion , here are the key takeaways and our commentary:
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