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Fredie mac glassdoor3/7/2023 ![]() The first misperception is that Twitter is simply another social network, like Facebook. Twitter suffers from two key misperceptions that need to be resolved before the business can reach its true potential. Yet despite these impressive strides, Twitter’s upside is far, far greater and its user base will expand by an order of magnitude – as soon as the service can overcome a major perception problem. ![]() And Twitter, along with its verb form “tweet”, have become words in everyday usage all over the world. It has become an indispensable tool for managing personal and corporate brands. So, Twitter’s traffic has been growing in leaps and bounds. Even uber-socialist Hugo Chavez of Venezuela has 2.24 million followers (which puts him slightly behind Mandy Moore, but just ahead of Queen Latifah). Global news in any region breaks first and spreads fast on Twitter. No one would consider running for public office without a strong Twitter presence. Every news and sports program proudly advertises its Twitter account handle. Most top actors, athletes, and artists are all active on Twitter. ![]() ![]() Active users have soared to over 100 million per month, with daily actives now above 50 million. Filed under: advertising, Facebook, Internet, IPO, social networking, Twitter, Uncategorized, Venture Capital, Web/Tech | Tags: Facebook, Google, Internet, Twitter, Venture Capital | Frequent comparisons to Facebook leave many confused about the true value of Twitter.
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