• The Tech Bubble Is Now On Twitter

    Monday, November 29th, 2010

    Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the Media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

    While it seems as though every other post we’ve written lately can be taken as evidence that Silicon Valley is currently in a very optimistic phase, “Facebook Now Worth $50 Billion In Secondary Trading” pretty much took the cake, until this one.

    Perhaps a better marker of the “good times” tipping point than the rumored Groupon acquisition (AND the subsequent Groupon for Groupon spoof), the highly contested Tech Bubble of 2010 now has its own Twitter address at @the_tech_bubble. And judging by the timing of its first tweet, it looks like Mike’s astronomical Facebook valuation post inspired the account. In fact I’m not entirely convinced Arrington isn’t somehow behind this.

    While there were plenty of snarky blogs during the early Web 2.0 era including uncov and Dead 2.0, I’ve never seen a bubble with its own Twitter account. Perhaps the account itself explained it best, “Of course I have a twitter account. Twitter wouldn’t exist without me.”

    Hmmm. I see what you did just there.

    Company: Twitter
    Website: twitter.com
    Launch Date: March 21, 2006
    Funding: $1.16B

    Twitter, founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006 (launched publicly in July 2006), is a social networking and micro-blogging service that allows users to post updates 140 characters long. Twitter “is a real-time information network that connects [users] to the latest stories, ideas, opinions, and news.” The service can be accessed through a variety of methods, including Twitter’s website; text messaging; instant messaging; and third-party desktop, mobile, and web applications. Twitter is currently available in...

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