Twitter Dead or Bought in 2009

Evan Williams, the god father of blogging, has really lost touch with reality. Tonight at the Churchhill Club in San Francisco he scoffed at criticisms that his company Twitter doesn’t have a business model. Rafe Needleman was there to quote Evan saying, “We will make money, and I can’t say exactly how because… we can’t predict how the businesses we’re in will work.” As he has before, he hinted at generating fees from sales-related Twitter content and from corporate users.

Does he realize its not 1999 or even 2003 when he sold Blogger to Google? Has he turned on CNBC to look at the economic carnage that is happening? Companies that have no business model like Twitter will soon be joining the deadpool or they will be begging Google or Microsoft to buy them. According to Techcrunch, Twitter has around 1 million vistors per month to their Web site and only 200K active users. That is about the size of the whole technorati population in San Francisco. Peanuts, compared to a service that is really mainstream. Twitter is really just a feature in a broader product offering. If Microsoft, Google, or Facebook come out with a similar offering Twitter is a dead man walking.