[27182818284]

>but I think it is hard to justify twitter being worth 150x their quarterly revenue (~$36b valuation/~$240m

What do you think is easy to justify for Twitter?

(I'm actually pretty confident in Twitter, I guess. They took ten years-ish to IPO and not a day goes by where I don't see a hashtag on several products be it a local political group or a super bowl commercial)

[lubujackson]

It used to be AOL keywords. Times change quick.

[27182818284]

>It used to be AOL keywords. Times change quick.

Interesting idea. I was around for AOL keywords, they weren't the same nor were they used the same way by as many different types of people. AOL has a billion dollar market cap still, despite the times changing quickly. Does it mean Twitter will be around 100 years from now? Of course that's unlikely. (Isn't GE the only one left from the original US stock exchanges?) But I think Twitter has a solid shot for the next several years. #TwitterCouldLose80PercentOfItsUsersAndStillBeLargerThanAOLAtItsPeak

[corin_]

I was going to make this point, but more than just "things can change" - AOL keywords didn't start getting massively used in adverts/etc. (in the UK at least) until pretty much when AOL were losing relevance, for search and most other things. Really, marketing trends shouldn't be used as a signal for much more than "marketing people like doing this"

[judk]

Hashtags aren't just twitter. Every service has hashtag plumbing now.