The Value of Twitter

Filed Under Category Social Media by Daniel Priestley

A lot of my friends have recently been asking me “What is the point of Twitter?… Why all the fuss?”

So here’s my answer…

If Google owns all the important information in the world, Twitter owns all of our silly little thoughts. – Daniel Priestley

Do a Google search on the G20 Summit this week and the top hits are likely to be the official web site, the Wikipedia page and a major newspaper article.

Twitter search “G20” and you get minute by minute updates from people all over the world as they comment, debate and even get arrested at the gates!

It’s live and it’s bite sized chunks of info that could only be described as “Thoughts” (although twitter calls them “tweets”).

“Thoughts” are random, they occur in little chunks and they jump from topic to topic freely.

Thanks to Twitter, we are now gladly handing over our “Thoughts” to the internet to be searched and viewed freely, forevermore.

So what is more valuable, information or thoughts?

Clearly information is more valuable and Google will remain the biggest and most valuable internet company on the web but “Thoughts” are valuable too.

Humans love finding out what people “think” of something and in that context we want it to be live, streaming and up to the minute. Twitter can deliver this.

So the value of twitter (as a business) has more to do with “search”  than it does “followers”.

What about the Value to me as a user?

If you love sharing your thoughts with people (and you may even get paid to do it) then Twitter is an excellent tool. You can build up a loyal following and keep them updated with everything from your business decisions to the news you are reading to the breakfast cereal you just ate for breakfast.

April 6, 2009 | 22 Comments  Tags: ,

Wealth Dynamics Bio's

Filed Under Category Uncategorized by Daniel Priestley

Wikipedia is an amazing resource for getting access to the stories of great entrepreneurs and investors. I have organised some Wiki links of top wealth creators by Wealth Dynamics Profile. Enjoy…

Creators

http://en.wikipedia.org/wiki/Richard_Branson

http://en.wikipedia.org/wiki/Walt_disney

http://en.wikipedia.org/wiki/Steve_jobs

http://en.wikipedia.org/wiki/JK_Rawling

Stars

http://en.wikipedia.org/wiki/Will_smith

http://en.wikipedia.org/wiki/Victoria_Beckham

http://en.wikipedia.org/wiki/Elle_mcphereson

http://en.wikipedia.org/wiki/Paul_Newman

http://en.wikipedia.org/wiki/Sean_%22Diddy%22_Combs

Supporters

http://en.wikipedia.org/wiki/Jeffrey_Katzenberg

http://en.wikipedia.org/wiki/Michael_Eisner

http://en.wikipedia.org/wiki/Meg_Whitman

http://en.wikipedia.org/wiki/Steve_Ballmer

Deal Makers

http://en.wikipedia.org/wiki/Rupert_Murdoch

http://en.wikipedia.org/wiki/Jeffrey_Katzenberg

http://en.wikipedia.org/wiki/David_Geffen

Traders

http://en.wikipedia.org/wiki/George_soros

http://en.wikipedia.org/wiki/Peter_Lynch

http://en.wikipedia.org/wiki/John_D._Arnold

Accumulators

http://en.wikipedia.org/wiki/Carlos_Slim

http://en.wikipedia.org/wiki/Warren_Buffet

http://en.wikipedia.org/wiki/Paul_allen

Lords

http://en.wikipedia.org/wiki/Theo_Albrecht

http://en.wikipedia.org/wiki/Lakshmi_Mittal

http://en.wikipedia.org/wiki/Ingvar_Kamprad

Mechanics

http://en.wikipedia.org/wiki/Michael_Dell

http://en.wikipedia.org/wiki/Ray_kroc

http://en.wikipedia.org/wiki/Sam_Walton

April 6, 2009 | 2 Comments