Silicon Alley Insider on Monday wrote that it believes Twitter could be worth "a billion dollars" in one year as long as it "takes full advantage of (its) messaging platform, user base, and user disposition to lead in the P2P mobile payments space, where, despite years of hype, no one has much of a head start."
After reading through the piece, it had me thinking: what if Twitter isn't worth "billions" in one year and instead, it's worth nothing? Just because it has a huge user base and it may be able to take advantage of its messaging platform, can we simply forget that it's down every single day for extended periods of time? Can we simply forget that important features like "replies" are disabled for days at a time because "Twitter is stressing out"?
Twitter may be a destination for millions of people and a great place for self-indulged "Internet celebrities" to massage their egos as more and more people follow them, but it's a poorly designed site with huge stability issues and enough downtime that people are becoming more and more likely to jump ship and join services like FriendFeed and maybe even Jaiku.
It may be difficult to believe such a popular site could be worth nothing in a year, but the way I see it, it's certainly more likely than Twitter being worth $1 billion in that time.… Read more