Dive Summary:
- Writing for Forbes, Eric Jackson makes the case for Twitter being a more viable company in the long term than Facebook.
- He states that Twitter already has nearly double the mobile revenue that Facebook has and that Twitter is better suited for mobile than Facebook.
- He also asks if Facebook may be on track to become the next MySpace, citing an unnamed source who told him that the site has seen a 30% drop in pageviews since last August.
From the article:
"... So, while Twitter isn’t 'bigger' than Facebook from a market cap or revenue perspective — that might take another 4 years — it is already 'bigger' in a couple of important ways.
First, as I said in a post earlier this month, Twitter already has almost double the mobile revenue that Facebook has today, even though Facebook supposedly has 7x as many monthly average users. eMarketer says that Twitter will do $130 million in mobile ad revenues this year versus Facebook’s $70 million. ..."
