Howard Lindzon : What are $TWIT (Twitter) and $FBOOK (Facebook) Worth
chartreuse
· 3 months ago
I have no idea how much $TWIT or $FBOOK are worth but I think the idea of giving them $ (tags) is interesting. How long before you start giving them to people (i.e. $OPRH, $SPLBRG, $FWILSON) when talking about the influence/financial impact they have on others?
howardlindzon
· 3 months ago
That's a good one dude. Let me mull that
vruz
· 3 months ago
it's troublesome too... there should be a registry of symbols and some sort of verification to make sure the symbol corresponds to a trusted party. (sort of the way Twitter allows for trusted accounts)
in any case, let it be known that I hereby reserve %VRUZ for myself :-)
Hey I remember that site...it was popular for a minute. I didn't even realize it was still around. I think they were bought by some financial company if i remember right.
Brian
· 3 months ago
Now that you've broken the ticker==symbol model, where is the index of symbols for private companies on stocktwits.com?
howardlindzon
· 3 months ago
Comimg soon
vruz
· 3 months ago
would the SEC have something to say about the Fantasy Stock Market mixing with the real one? :-)
howardlindzon
· 3 months ago
Doubt it. Don't they have real crap to worry about. Seriously
vruz
· 3 months ago
definitely, they have huge crap to worry about. for some reason it still feels wrong to me to mix fantasy stocks with real ones. how about a different syntax for fantasy stocks like %TWIT or something to that effect?
I agree there should be an index of private companies, and an all-private section to compare and graph private stocks.
howardlindzon
· 3 months ago
i am definitely not tied to $ sign as i want to keep noise down. i ike exclamation point AFTER the symbol.... TWIT! FBOOK!
:)
vruz
· 3 months ago
LOL!
howardlindzon
· 3 months ago
phew...now i can realx
howardlindzon
· 3 months ago
I am talking about a tag and a way to organize peoples links and opinions about hottest private web and alt energy biznesses.
dnarby
· 3 months ago
It's worth whatever someone is willing to pay for it.
Is 5B a firm offer? I think not.
howardlindzon
· 3 months ago
Well 5 bil is ridiculous.
beanieville
· 3 months ago
Twitter and Facebook could be overhyped, due to the fact that we now have fantasy symbols for them. :)
howardlindzon
· 3 months ago
You can do better than that
beanieville
· 3 months ago
If one strips out the stock market aspect of twitter (which can be quite valuable to stock lovers because stock guys love communicating with other stock guys), then one can argue from a better standpoint of how underhyped or overhyped twitter really is. http://technologizer.com/2009/04/09/is-twitter-... I think the first guy makes some great points.
howardlindzon
· 3 months ago
Thx
Alex Hawkinson
· 3 months ago
As I said here http://bit.ly/iqugL in response to Scoble’s post, it's not that Twitter is the be-all-end-all tool. It's just that if it is used properly it can become the constantly in motion "front line" where your business (or your individual) interests can connect with other relevant people in the world who you are not yet connected to. That’s a powerful value. We have found then that it needs to be integrated with a deeper web presence (like what we’re attempting to do with www.cloudprofile.com) that blends Twitter with other forms of content and engagement tools that can flow across the web for other forms of interaction (Facebook, e-commerce, etc.). Twitter and open, publicly available micro-blogging is becoming and will remain an important part of the equation. The value is still up in the air, but it's going to be big.
howardlindzon
· 3 months ago
Agreed
ivanhoff
· 3 months ago
$TWIT is already taken. It's the symbol for the technology index in Taiwan. Curiously, it is up about 50% YTD. I can't wait for $FBOOK to become publicly traded. I expect it to reach a market cap of $15 to 25 billion within the first year of its IPO. In its current model, $TWIT is still far from a 9 figure market cap company. If they find a way to incorporate all Twitter based applications into their business model, things will look different.
howardlindzon
· 3 months ago
They really should buy bitly tweetdeck and stocktwits already. I would be running it much differenetly but we all would
Alex Hawkinson
· 3 months ago
If they did that it might discourage the vibrant 3rd party ecosystem that is building around their API. I think it's actually to their advantage to continue to encourage rapid innovation around the platform by a multitude of 3rd parties, all of which feed the growth of the platform itself.
howardlindzon
· 3 months ago
You can't please everyone. I really think open can be taken way to far Too many startips and vc's want 100 million-500 million businesses. Thank god for me but stilll...
William Bryant
· 3 months ago
I read that article too, it is really hard to decipher what the heck a tech company like this is worth. Truth be told, to a lot of companies out there marketing products Twitter is worth a lot of money to them. However, will spam take away all the good?
All Comments
in any case, let it be known that I hereby reserve %VRUZ for myself :-)
http://www.hsx.com/
was really popular for a while back in late 90s.
:-)
for some reason it still feels wrong to me to mix fantasy stocks with real ones.
how about a different syntax for fantasy stocks like %TWIT or something to that effect?
I agree there should be an index of private companies, and an all-private section to compare and graph private stocks.
exclamation point AFTER the symbol.... TWIT! FBOOK!
:)
Is 5B a firm offer? I think not.
I can't wait for $FBOOK to become publicly traded. I expect it to reach a market cap of $15 to 25 billion within the first year of its IPO.
In its current model, $TWIT is still far from a 9 figure market cap company. If they find a way to incorporate all Twitter based applications into their business model, things will look different.
Too many startips and vc's want 100 million-500 million businesses. Thank god for me but stilll...
via http://twitterpublic.com