After posting their first Tweet a couple of days ago, it is surprising that Google’s CEO Eric Schmidt would have to hit Twitter’s lack of full offering. Speaking at the Morgan Stanley conference, Mr. Schmidt said that Twitter is a “poor man’s email system.”
Mr. Schmidt explains that although Twitter is a great innovation and underlines the fact that it shows the many ways of communicating and reaching out to people, it however lacks a full offering. And by that we’ll take it to mean that Schmidt alluding to Twitter’s lack of business model and solid infrastructure plan, like Google’s Gmail.
He also compared Twitter with Google’s email system which is very clear on what it wants to give to users which makes users to continue using their instant messaging product.
Clearly, the following statements points to the fact that Mr. Schmidt don’t see, like some of us a clear business model for Twitter. And moreso a clear perspective on what it wants to become.
To me, the question about companies like Twitter is: Do they fundamentally evolve as sort of a note phenomenon, or do they fundamentally evolve to have storage, revocation, identity, and all the other aspects that traditional email systems have? Or do email systems themselves broaden what they do to take on some of that characteristic?
And he does has some valid points that Twitter should take in a positive note.