In this TechCrunch guest post, Naval Ravikant and Adam Rifkin argue why Twitter is undervalued:
"An interest graph differs from the “people you know in real life” social graph in that it is:
- Built on one-way following rather than two-way friending
- Organized around shared interests, not personal relationships
- Public by default, not private by default
- Aspirational: not who you were in the past or even who you are, but who you want to be
It should already be clear that the interest graph lends itself brilliantly to commerce.
Twitter is in theory even better positioned than Facebook to capitalize on the social interest graph. Its keys components are:
- The composition of the social graph
- The value of the data flowing through it
- The volume of the data
By excelling at all three, Twitter is demonstrably superior to Facebook Pages, at least, along specific axes related to revenue potential.”
me thinks Facebook would argue against this, but I would have to agree; in practice this is true with regards to optimal twitter usage. this really is about being open vs closed.