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What if you owned twitter?

Is it crazy to think that Facebook started in 2004.  Think about how the internet, or even your life has changed since you created your profile.  I actually remember the day I made the decision to join this “social networking site”  to me it seemed cultish.  Now there are mini facebooks sprouting up all over the place.  No one wants to create another blog.  Everyone wants their own niche social networking site.

Next, think about twitter.  Twitter started in March of 2006! Just four years ago.  I am about to make a call on how twitter will shape the internet just as facebook has. . .

I don’t think it would be too far off for multiple niche twitters to be popping up on the internet in the very near future.  People quickly got addicted to facebook and created a frenzy around the ability to connect with old friends.  Twitter allows a real time feed of inaccessible people and celebrities.  What would it take to create niche twitter feeds for specific groups of people.

I mentioned in a previous post my twitter competitor for bloggers.  I have expanded my idea to a future trend where I suspect major opportunity.   People are going to want to have their own “mini twitters” I think the biggest opportunity lies in a platform that creates that.  Just like wordpress created a great platform for bloggers, a twitter-like platform could make a killing, offering a way for an average person to control their own niche twitter.

I Love Examples: I would love to have my own twitter right here on verybigideas.com.  You could sign up, and tweet your ideas.  I would love to have some control over it allowing only ideas to come through.  Maybe I would have the option to remove links?  I would also like the ability to categorize tweets, so ideas would be in one place and new business in another.  Also, since it would be smaller, when you sign up you would have access to the “firehose”. This means that you would see every single tweet if you wanted to (as if you were following every person on twitter).  I would even make this the default at first.  When you sign up, you follow everyone and everyone follows you.

Monetize: You can buy a social network service for $150 each year.  I know that free versions are emerging.  Similarly, you could sell this mini twitter service at a yearly rate.  An open source community will probably emerge anyways so that is always an option as well.  They can make money selling technical service calls, etc.

On this one it is difficult to call exactly where or how it will emerge.  I could even see a wordpress plugin dominating the field.  Maybe a group of programmers will tackle this one.  I would love to be a part of that.  Let me know when you start it up!

I will use this now to remind you to follow me on twitter

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One Response to “What if you owned twitter?”

  1. Scott K. says:

    Yes, I believe mini or niche social networking sites are big, like Ning and others. With having your own Twitter site for a particular blog could be useful, it may encounter the chicken-or-egg problem a bit. Why would I join a mini-twitter community if there was no one or only 1 person to follow and so on. At least some Ning or meetup.com social groups have overcome these problems in a unique way.

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