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Comment by rahooligan | Hacker News Reader

I think Twitter has immense value. And I would be happy to see it go public and achieve $billions in market cap. Cant say the same thing about facebook or zynga.

sometimes i feel like facebook is that waste-of-my-time show that i get pulled into when i switch on my tv. it sucks up time from my life i will never get back.

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Twitter has a strong impact on our culture, but without a rational business model, and several quarters of profitable growth, an IPO will never happen. I certainly wouldn't buy stock in a company which doesn't know how to make money, no matter how impactful their product is.

my bet is twitter will figure out monetization. im sure they have something in the works. look at ad.ly for instance - instream advertising. they seem to be doing well.

Just thought I'd add this, here in Europe (Switzerland to be precise) nobody I've ever met uses Twitter. Facebook is omnipresent (omnipotent? ;)), but most folk don't even seem to know of Twitter (apart from techies, but still no users). Of course, small sample size etc.

it sucks up time from my life i will never get back.

You could be talking about the entertainment industry. They seem to be doing ok in the market.

yeah they do very well. check out http://www.americaisretarded.com/. it is possible to make money without generating much value (like 'the situation' from jersey shore). facebook has a big market cap but imo it doesnt have much value.

The term you're looking for is fad. Facebook, like the situation, is a fad. It'll pass.

Anyone remember myspace? orkut? friendster? These all blew up hugely, then people got bored or grew up.

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