How many of you would have done the same if Twitter was pitched to you? I'm sure I would have, since even after a year it was around I could not understand why in the world would somebody be interested in "following" people and see what they're doing all the time. Every time there was another story on Techcrunch about Twitter, I thought to myself, they must be getting paid to push this over and over. It is only know I see how big an impact it has on our lives. Sometimes it is easy to miss the obvious.
The execs didn't miss the obvious. The excite CEO and others acknowledged that the Google's algorithm is much better. They were worried that its so good that people won't stay on their portals. They just could not figure out how to monetize it so they passed.
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How many of you would have done the same if Twitter was pitched to you? I'm sure I would have, since even after a year it was around I could not understand why in the world would somebody be interested in "following" people and see what they're doing all the time. Every time there was another story on Techcrunch about Twitter, I thought to myself, they must be getting paid to push this over and over. It is only know I see how big an impact it has on our lives. Sometimes it is easy to miss the obvious.
The execs didn't miss the obvious. The excite CEO and others acknowledged that the Google's algorithm is much better. They were worried that its so good that people won't stay on their portals. They just could not figure out how to monetize it so they passed.
This is why Google's IPO was headlined with the statement "Focus on the user and all else will follow."