I heard from a friend about Fred’s post this morning on Twitter’s Inflection Point and just read it. It’s interesting because Fred is so widely read and is also an investor and board member at Twitter. He is damned the moment he writes about Twitter in any thoughtful way.
When a pitcher throws at a batter, only the pitcher really knows what the intention was. It is a pretty pure thing.
Not too many people really know what Twitter will become or even is AND those ‘experts’ that say they do know are not worth following.
I invest on instinct based on the product and people. If I did proper due diligence my life would be boring, I would be wearing a suit and I would be in cash. Maybe Yuan’s.
For me, entrepreneuring and investing is about instincts and execution. Great running backs find holes and than explode once they get open field. They don’t look back, they don’t taunt the opposing team, they just run. Forrest Gump just ran as well and look how successful he was. I am no running back or even an athlete but I know enough to run like hell with Stocktwits.
I saw Twitter and did not get it for a while.
Now I view it as an on ramp and great discovery tool. In three months I will likely have a different take on Twitter.
I think Twitter is a pretty democratic tool. It will bring American Idol to all the niches. American Idol is wicked fun. It works. It is smart. It keeps evolving like it did itself from other shows that spawned it because it. I don’t know from platforms, media, tools, services. I know when I like stuff. I know I don’t like Facebook. One day maybe Facebook will ‘connect’ with ME and I will love it.
Today, I got to chat at length on my thoughts about Twitter and Stocktwits on Bloomberg TV with Keith McCullough who is wicked smart and cool (Here is a snippet and I will post the full interview as soon as I get it). He’s new to all this social web stuff, but understands there are not many rules. There is common sense and opportunity. It won’t replace drinking with your pals, curing hunger or just living your life.
Twitter can’t kill anybody, just themselves.
No one has all the answers OR the roadmap but you do need to read the tea leaves and constantly adjust.