Twitter. With over 218 million active users, it’s safe to say it’s a force. But a force of what? What exactly is this thing?
After all, it doesn’t have a business model. Before going public, Twitter had dug itself into a $645 million hole. Even now, its reported earnings per share are only $0.02.
That said, Twitter does have value…though it’s far less quantifiable than cold hard cash.
Simply put, it gives a voice to the people. It gives everyone in the world instant access to a global audience.
It’s powerful stuff and it’s changing lives.
Profitable or not, its value is undeniable.
Are we looking at the first global broadcasting system? A public service that governments should sponsor?