The Phenomenon called Twitter

Twitter isn’t just a mere way to update your friends but a phenomenon that has completely taken the world captive.

Consequently the behemoths of the web world like Google and Yahoo have also started feeling the heat for the advertisements are on a decline as every brand just wants to be on Twitter. Yet it is a much under hyped brand as it is actually worth some billions, even though everyone awaits for a proper evaluation.

What is getting assesed for Twitter is the ever increasing traffic count. Where the world is crazy for celebrities, they are crazy for Twitter and the competitors are just helplessly watching.

This article has been inspired by Scobelizer’s Twitter valuation at $5 billion and the fact that we disagree with his number. Twitter is the most addictive thing in the web 2.0 era and will continue to be so. We’d much rather think Twitter is worth just under double than what the guy said. So if you’re reading Robert Scoble, our take is that the valuation should come up with something close to $8 to $9 billion …

How about you guys?

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