Twitter - Google Buying It?
April 19, 2009
Anytime an on-line company starts making a lot of money and becoming very popular, the bigger more established companies take aim and try to acquire them. This holds true with the rumors flying that Google is looking to buy Twitter. Twitter, if you don't know, is a scaled down networking site that primarily lets people know what you are doing at that very moment.
The key for a suitor company of Google or Microsoft's magnitude is to get in while "the gettin' is good". They want to buy a company while it is on it's way up and when it peaks, if it peaks, be able to take full advantage and profit fully. This is exactly what happened with MySpace and YouTube.
A New York Times interview with Twitter money man Fred Wilson produced this quote: "Mr. Wilson could not rule out an acquisition, conceding that 'money has a powerful impact on people' and that despite the Twitter co-founders desire to build a big company, they also have to answer to investors and employees." Obvious cliches come to mind at this time such as the "money talks.." example. Money really does talk and when we are talking about $2 Billion, money actually screams loud and clear.
Brad Taylor