But I think these sort of things get diluted. Passing clouds. Everyday I get a new friend request from a new social networking site and I am sick and tired of it now that I simply ignore as spam.

The other comment I made about this elsewhere was that to me a web developer using Rails is like a cook baking cakes using a Duncan Hines or Betty Crocker cake mix in a box. Sure, you can bake that cake in no time at all (great “time to market”), but you’re learning very little about baking.

But he could have drawn the bag of money as a mirrage, because the business model of Twitter is still an open question, imho. Twitter’s predictable destiny would be the company being acquired by one of stars of the web (Google, Yahoo!, eBay), but nobody will like to pay 1 Billion for such a unreliable service. Soon or later google will drive efforts towards a Twitter clone and acquire rapid user base eventually leaving Twitter in the dust.