Twitter has been seen in the limelight for the last six months, and with its nice funded startup, these guys have accumulated around $55m from many different angels as well as from VCs. The microblogging site has become a new destination for a large number of social networking migrants. So, this dramatic increase is not limited just to its growing popularity, but it also relates to the number of applications and other startups that relate to it.
It’s true that there are not enough venture-funded or angel startups or apps, but it is also a fact that some notable investments have been made in various sort of startups that have emerged as the initial predicator on the site. At present, nearly $23.27m have been attained so far with 11 different startups of the site and most of them are from venture capital firms as well as from angel investors.
It is quite essential for all those, who want to know in which direction these twitter startups are going forward, to know about the investment activity on the site, funding amounts, overall trends and backing ups of the investors. They must also know about the current trends and where these startups are being implicated.
As I have mentioned earlier that during the past six months, Twitter was under intense spotlight that showed some remarkable results for the micro-blogging sites and led the site towards some really impressive popularity.
But during the past two weeks, some critical analyses seemed to temper the enthusiastic approach towards the site. The results of a recent Harvard study show that a considerable part of the users on the site is inactive. Erick Schonfeld has said on TechCrunch that a large number of Twitter users are consisted of sheep-natured people. He also said that there was no difference in Twitter and some other kind of participatory media. These critical analyses have made the site appear smaller and it seems that Twitter bubble is soon going to burst particularly about concerned startups and amounts of funding.
Source: chubbybrain
Tags: social networking migrants, techcrunch, twitter
One Response to “Twitter-related startups and funding amounts”
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July 7th, 2009 at 4:21 am
I think I will try to recommend this post to my friends and family, cuz it’s really helpful.