Twitter turns 5 years old

Twitter turns 5 years old
Today in 2006, Twitter co-founder Jack Dorsey sent off the very first tweet, an unimpressive message that read "just setting up my twttr."

Since then, over 30 billion tweets have been made and Twitter has become synonymous with social networking just like Facebook and LinkedIn.

In the private market, Twitter has been valued at $8-10 billion although an IPO is not in the cards for 2011.

Despite the huge valuation, Twitter expects to see 2011 revenue of just $150 million, and possibly some profit.

Twitter has over 125 million users, and 500,000 new join each day. Overall, CEO Dick Costolo says there are now 1 billion tweets sent every 8 days.

Written by: Andre Yoskowitz @ 21 Mar 2011 21:21
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  • lissenup2

    Yay! Whatever. A sign of mankind's most useless innovation. I "feels more stupider" just for reading this article.

    5 years old and still just as infantile and adolescent as it was the day it was conceived. ABORT THE FIVE YEAR OLD PLEASE!

    21.3.2011 22:03 #1

  • bobiroc

    And after 5 years it is just as useless as it was on day 1.

    That is just my opinion as I gave twitter a try but found it to be just a bunch of useless status updates. Some say they use it to follow a organization, company or celebrity but find it to be annoying. Besides if you feel the need to follow a celebrity's life then you need to get one of your own.

    AMD Phenom II 965 @ 3.67Ghz, 8GB DDR3, ATI Radeon 5770HD, 300GB 10,000RPM Raptor, 2TB Additional HDD, Windows 7 Ultimate.

    22.3.2011 11:31 #2

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