socialmedian: How Twitter Will be Worth $1.5 Billion by Next Year

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How Twitter Will be Worth $1.5 Billion by Next Year

Submitted by Jasongoldberg

Sep 07, 2008

Summary

Twitter PaymentsTwitter’s not going to make their money with advertising. So how can they be a Billion Dollar Company in a year? By listening to me.

Twitter should take full advantage of their messaging platform, user base and user disposition to lead in the P2P mobile payments space. They can become the next PayPal, and are more poised to become that than PayPal itself.

Let’s rewind for a second. Last year, I wrote an in depth analysis about mobile payments and concluded that, in order to move forward:

The best option is probably not doing a stand alone payment system. What I mean by that is that mobile payments need to be integrated into a larger online presence, especially if you have a site which is membership based. Read the full article

Comments (1)

Jonprice,

Oct 01, 2008

uh, interesting idea but doesn't seem to me that paypal really took off for people to people payments which is where Twitter thrives vs. people to company interactions. maybe I'm just a paypal hater because it's so Web 1.0...