socialmedian: Twitter Inspires a Dedicated and Thriving Startup Economy

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Twitter Inspires a Dedicated and Thriving Startup Economy

Source: PR 2.0

Jun 17, 2009

Summary

Twitter continues to amaze us. Its constantly evolving examples of change and connectivity persevere and reinforce how the “little microblog that could” is transforming media and communications while also silencing the most dubious of critics.

At the same time, I’m confident that through our pioneering efforts and innovative developments, we also continue to amaze the team behind Twitter itself.

As Jack Dorsey shared in his keynote today at the 140 Characters Conference in New York, “Expect the unexpected. Sometimes, be the unexpected.”

Twitter is making the news and it is also serving as the foundation for how we publish, share and discover news today and tomorrow.

We are becoming “media.”

A recent study by ChubbyBrain is also demonstrating how Twitter is fostering a dedicated technology and business ecosystem. According to the report published today, angels and VCs have invested $23.27 million in Twitter-based startups while most others are self or privately financed. Recently, Howard Lindzon and his partners at Social Leverage launched 140Labs, a Twitter-only

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