Can you imagine how much more than $250 million Twitter would be worth if it ever figures out a revenue model?
I suspect the micro-blogging service must have something up its sleeve, otherwise why would a venture capital firm reportedly dump $20 million into the company–giving it the $250M valuation?
Personally, I hope Twitter can find a way to support itself, before the money runs out. It’s no coincidence the company is seeing incredible growth, the service is becoming an invaluable tool for communication. Heck, some people are even suggesting that it’s becoming an alternative channel for bloggers.
Just the other day, I considered how I communicated with friends and peers before the advent of Twitter. For me, Twitter has become a valuable tool for three reasons: