iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

HOWARD LINDZON’S RESPONSE TO THE TWITTER “CASHTAG” NEWS

 

The Twitter Hijacking of Stocktwits $ …The Cashtag

It’s interesting that Twitter has hijacked our creation of $TICKER ie. $AAPL. It only took four years to ‘fill‘ this hole, though a few months back they told me in a detailed email it was not a hole they wanted to fill.

You can hijack a plane but it does mean you know how to fly it.

Twitter is about advertising dollars. They have $1 billion of venture money on the line. Lot’s of pressures I am not interested in.

Go check out $HIT or $WAG (walgreen’s) on Twitter search or thousands of other features around curation that we have thought about for 4 years and implemented.

I wonder how well that will do for $FXCM (buying ads on twitter) converting hits from rappers into FOREX accounts.

CNN Money, Yahoo Finance, Bloomberg, Globe and Mail, Reuters, Bing, MSN trust Stocktwits with many more partners in the works. If you send a message from Stocktwits it is seen on these sites and their ticker pages.

I am disappointed of course that Twitter is hijacking our idea and time (will only confuse the masses), but Stocktwits moved beyond that basic functionality 4 years ago. In a dirty way, it’s the ultimate compliment so we will take it as such for the moment and keep rolling out functionality that makes us the best real-time communication platform for people that love stocks and markets.

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One comment

  1. NoBull

    I hope Twitter charges for service.. then all the real people will drop and it will be left with:

    * internet marketers
    * business
    * lonely bored people

    I Apple can sue Samsung over a rectangle and square shape (iphone claim) then I see no reason why the $Cashtag isn’t a proprietary item.

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