Sometimes I tend to see the dark side of human in everything they do. Sorry, its just the way I am.
I say when twitter was still this little chick, their approach was "we love all users, we welcome engineers; build amazing tools and surprise us!". I think the reason for that was to speed up the process of spreading the word - a simple fact that geek working on twitter 3rd party is still a human with plenty of friends to spread the word about twitter - so he can be helpful: let him spend his time doing what he likes doing the best - programming and he will become our cheap (free) PR tube.
But now I bet most of a new age civilization knows or uses twitter. So it is time for a reality check: "fuck off of our platform; we don't need you anymore! You got all your friends to know twitter, some even addict to it; now stay away from trying to run your pathetic queries, using our own data stream".
Just my version/2c.
edit: my understanding is that Dorsey still has the most to say in the twitter world. With all its nastiness going on between twitter curtain, I say stay the hell far away from any startup he will do in the future. Sorry, but if he signs up half of the world on his square, what on Earth is stopping him from switching 2.5% to 10% fee?? nothing!! At least the past (present) shows he has the balls to execute moves that average tweeting Joe is not a fan of: shutting down 3rd parties, kicking out linkedin, shutting down instagram access, etc. Bottom line: stay away!
It doesn't make sense to make this personal. Business models inevitably change when startups grow up. You can't expect a company that needs to create network effects to act exactly the same as one that needs to exploit them in order to make some money and pay back investors.
Twitter got the funding to build that massive infrastructure only because someone believed that they would eventually be able to monetize it. Twitter is not a public utility and everyone knew it.
The conclusion isn't to never use something one particular guy does. The conclusion is this: If you build on someone elses infrastructure, make a contract or make sure you exit before the tide turns.
Square doesn't have a network effect, it doesn't really matter if one store uses square, and the neighboring store uses google wallet, dwolla, or something else.
Square and payment systems in general most certainly do have network effects. For instance, I don't have a Discover card because it's not worth the hassle of checking whether each merchant accepts it.
Network effects are the lion's share of the justification behind Square's Starbucks deal.
Yes it does. If their mobile payment app becomes the de facto standard, not accepting payment from that app could become as bad as not accepting credit cards.
I say when twitter was still this little chick, their approach was "we love all users, we welcome engineers; build amazing tools and surprise us!". I think the reason for that was to speed up the process of spreading the word - a simple fact that geek working on twitter 3rd party is still a human with plenty of friends to spread the word about twitter - so he can be helpful: let him spend his time doing what he likes doing the best - programming and he will become our cheap (free) PR tube.
But now I bet most of a new age civilization knows or uses twitter. So it is time for a reality check: "fuck off of our platform; we don't need you anymore! You got all your friends to know twitter, some even addict to it; now stay away from trying to run your pathetic queries, using our own data stream".
Just my version/2c.
edit: my understanding is that Dorsey still has the most to say in the twitter world. With all its nastiness going on between twitter curtain, I say stay the hell far away from any startup he will do in the future. Sorry, but if he signs up half of the world on his square, what on Earth is stopping him from switching 2.5% to 10% fee?? nothing!! At least the past (present) shows he has the balls to execute moves that average tweeting Joe is not a fan of: shutting down 3rd parties, kicking out linkedin, shutting down instagram access, etc. Bottom line: stay away!