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(Globe and Mail) Interesting Twitter gets $300 million from a man with a funny hat, more money than sense   (theglobeandmail.com) divider line 29
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2317 clicks; posted to Business » on 19 Dec 2011 at 11:16 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



29 Comments   (+0 »)
   
 
2011-12-19 09:06:08 AM
So what's the thread spin on this: "Ay-rab using twitter to convert everyone to Muslim" or "Large Fox News investor subverting democratic medium"?

Frankly, I could see it going either way.
 
2011-12-19 09:16:28 AM
All this means is that when you post something to twitter they are going to take key words out of your "tweet" and show you a brief video (with pause and mute disabled) trying to sell you something.

Example: You might tweet something like: "My Dodge Neon just died for good... what a piece of crap"

and you will be force fed an irritating advertisement extolling the virtues of how great Dodge is.

Gotta love investment money... see capitalism works!
 
2011-12-19 09:21:55 AM
Man you guys who thought that twittering about Iran was a form of useful political dissent are going to have a field day when the paranoia about Middle East entities buying into your arm chair revolution machine kicks in.
 
2011-12-19 09:29:36 AM
For some inexplicable reason, I now want pizza.
 
2011-12-19 09:54:41 AM
This really tweets the fetus
 
2011-12-19 10:45:26 AM
Is it the Cat in the Hat?!?
 
2011-12-19 10:51:32 AM
The Pope?
 
2011-12-19 11:31:33 AM
Separated at birth?

beta.images.theglobeandmail.comsnl.jt.org
 
2011-12-19 12:26:23 PM
What's my table from TGI Friday's doing buying up useless websites any ways?

/I bet he's one of those morons that bought one of the lohan playboys too
 
2011-12-19 12:43:49 PM
lucianogalasso.files.wordpress.com
 
2011-12-19 12:44:42 PM
"More dollars than sense"

It's a pun, you see.
 
2011-12-19 01:31:27 PM
Mugato: The Pope?

My assumption, too.
 
2011-12-19 02:35:47 PM
Yeah I clicked thinking "Pope" too.
 
2011-12-19 03:32:14 PM
Notch?
 
2011-12-19 03:35:44 PM
W

T

F


lol.
 
2011-12-19 05:36:48 PM
Twitter was a very useful tool to protestors in Egypt and other countries during the Arab Spring.

I wonder if a $300 million stake in Twitter is enough to get Twitter to black out tweets by protestors in The Kingdom and any surrounding countries they feel inclined to help out.
 
2011-12-19 06:42:20 PM
Are Arabic tweets limited to 70 characters, as they are double-byte in length?
Maybe Sheik Yerbouti just wants to buy VIP tweet service.
 
2011-12-19 06:44:31 PM
Ever wonder what happened to newspapers?
The plutocrats learned that they could buy them, then kill them.

Super rich Arab price virtually buys twitter?
It must be some kind of coincidence.
 
2011-12-19 07:12:11 PM
Farking While Farking: Twitter was a very useful tool to protestors in Egypt and other countries during the Arab Spring.

I wonder if a $300 million stake in Twitter is enough to get Twitter to black out tweets by protestors in The Kingdom and any surrounding countries they feel inclined to help out.


Er, extremely doubtful, Twitter isn't stupid and they know the openness of their info is a huge part of what makes them sucessful.
 
2011-12-19 07:51:20 PM
man with a funny hat, more money than sense


upload.wikimedia.org
 
2011-12-19 08:01:00 PM
I thought of Santa and also the Pope, but he's got more money than God, not sense.
 
2011-12-19 08:04:13 PM
That's not a funny hat. It's the three piece chicken basket at Moe's. You get three pieces of chicken, fries, coleslaw and a biscuit. Also, all the Egyptian love songs you can stomach.

My Habibi takes the morning camel train
And then he takes it home again ....
 
2011-12-19 08:17:16 PM
it's obvious the true motivations.
the arab spring was aided through social media sites like twitter. the old guard that remains and their lackies (the ones that replaced the lost leaders) wish to simply control the beast. the new voice of the mob must be muted or controlled.

by investing 300mm in this minor corp he gets the money and influence to do alot....
 
2011-12-19 08:42:40 PM
What the hell does twitter need $300 million for? More servers/workers? Or is it just magic money to blow on imaginary stuff?

The company earlier this year raised $400-million from venture capitalists and other investors.
wah?

Another sign of tech bubble.

Twitter will generate close to $140-million in ad revenue this year and $260-million in 2012.
ok, so it has revenues, but why do they need $1 billion in investments and sell off stakes of the company? How are they going to spend that money to make more money? 140 character tweet web service shouldn't need billions in investments. It's not like they are building factories/land and need expensive machinery/inputs with thousands of employees.

Might as well throw everything I learned in business/economics out the window with the logic these tech companies are using.
/infinite growth!
 
2011-12-19 08:44:24 PM
I wonder how much censorship $300 million will buy you. I am guessing A LOT.
 
2011-12-19 09:31:43 PM
www.englishbaby.com
'Very nice!'
 
2011-12-20 01:02:41 AM
Now all female users will be forced to wear a burqua when sending a Tweet, and cannot Tweet unless there is a male relative next to her.
 
2011-12-20 08:06:03 AM
andrewabc: What the hell does twitter need $300 million for? More servers/workers? Or is it just magic money to blow on imaginary stuff?

The company earlier this year raised $400-million from venture capitalists and other investors.
wah?

Another sign of tech bubble.

Twitter will generate close to $140-million in ad revenue this year and $260-million in 2012.
ok, so it has revenues, but why do they need $1 billion in investments and sell off stakes of the company? How are they going to spend that money to make more money? 140 character tweet web service shouldn't need billions in investments. It's not like they are building factories/land and need expensive machinery/inputs with thousands of employees.

Might as well throw everything I learned in business/economics out the window with the logic these tech companies are using.
/infinite growth!


I think the value of shares in the company are just being set because that is what people are willing to pay for them. So as long as there are other idiots waiting in line to buy the stock, then it is worth whatever.

I guess that is a definition of a bubble though, when people are paying for something based on perceived value that isn't really there.

Uh oh.
 
2011-12-20 12:09:34 PM
We be in ur tweets, messing up ur lulz.
 
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