What next - Twitter ego searches?

The implications of real-time search and Summize deal

Financial trends and news by Bambi Francisco Roizen
July 16, 2008
Short URL:

(Editor's note: This post was updated to include Jack's pitch. Watch for Jack's interview with next week.)

Twitter confirmed that it bought Summize for an undisclosed sum, as noted in Twitter co-founder Biz Stone's blog post. The price tag is $15 million in mostly stock, according to Silicon Alley Insider. It's hard to determine whether it's stock well spent, but suffice it to say, on the surface it looks like a good acquisition, based on Summize's search engine, which is already integrated into Twitter search.

Here's a few points of interest:

Twitter is now the place to go to find out "who's talking about you or your company [in 140 characters]." It's yet another ego search the Internet generation will be doing, I"m sure.

Twitter is now another voyeuristic tool to find who's talking about whom. 

Twitter just bought a company with an obvious business model, paid search - something that is tried and true.

Companies with no business model - like Twitter - can actually make double-digit million dollar acquisitions. 

Companies that raise $15 million - like Twitter - can make an acquisition for $15 million, especially when the acquisition is in stock and the valuation of the acquirer is $95 million.

I'm interviewing Twitter CEO and co-founder Jack Dorsey on Wednesday.

Here's what people are saying about Jack on Twitter search.



Related companies, investors and entrepreneurs

Description: What is Twitter? Twitter is an online information network that allows anyone with an account to post 140 character messages, called tweet...

Featured Stories