Posted By RichC on March 22, 2016
Twitter marked TEN years of micro social networking this week … or perhaps more appropriately stated as a real time newsfeed and feedback mechanism? At least that is how I have used the service for over 9 of those 10 years.
Most journalists, politicians, corporate heads and notable celebrities use Twitter (and other social networks) regularly as a way to connect with followers. Those who comment about using it are usually very positive and find sharing addicting. The real time feedback and sharing is perhaps one of the more powerful features. Hopefully Twitter as a company will develop better ways to monetize the service without impacting user growth. It has been disheartening to watch $TWTR stock decline over the past year as well as see subscriber growth lag competitors. Innovation is needed and likely will require management change either on their own of forced if the company were to be acquired. In either case, as a shareholder I’m anxious … but for now, happy anniversary.