Some Stuff I Tweeted about Twitter
Noah Brier
312

Great post. I keep thinking Twitter is like a mountain, or vast repository of real-time information that we all mine every day (minute, second). That information is actually a very scare resource in the ultra-fast half-life of news, but unlike gold, silver and platinum it’s nearly effortless to mine. So what should be a highly valued scarce resource is assigned a value of $0 because of the open nature of the network. If Twitter was a subscription-only service but still had the same information to mine it would be the highest netting subscription service on the planet.

I doubt Wall St. will ever treat information as a scarce resource of value, but if I ran Twitter I’d be killing myself to convince Wall St to value that and not the mindless simplicity of DAU and current ad revenue.