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We've seen Kevin Rose launch wefollow.com recently and there's more mashups coming you'd suspect but can it really spawn compelling services?
I have some ideas, and leveraging Twitter's user base would accelerate growth and exposure, but i'm not sure if relying completely on the API is the right way to go about it.
I think one could probably protect oneself, though, by doing something that's enabled by Twitter, but very far removed from the kind of thing the Twitter guys understand. E.g. don't try to do search for Twitter, because Twitter will probably own that. But if you did something combining, say, Twitter and real estate, they'd probably steer clear of it.
There's very few things I'd see Twitter competing against you with and doing themselves. They realize they are the telephone lines, not the telephone maker. It's why they haven't created an official Twitter client or really made huge improvements on their mobile interface (you can't even view protected tweets.)
You can also reach a lot more people with your twitter stream than Facebook. It's not uncommon for users to have 5k+ followers on Twitter. Up until recent that's been the MAX on Facebook. With the new redesign, we'll see.
So yeah, Twitter == LONG (mandatory that's what she said).
Absolutely. We've been using the OAuth system with Ramamia for the past month or so. OAuth itself is going to have a big impact on things developed for twitter. It makes accessing an app for a user, as easy as a facebook app. It also will allow for a real directory of applications. Up until now, things have been ad-hoc and hacked together. There's very few things I'd see Twitter competing against you with and doing t…
For what it's worth, I have a service that archives people's tweets and lets them export to CSV (for reference/searching/stats, whatever). I plan to make a little bit of money off it generating nicely-formatted PDFs of tweets and pushing them through to lulu.com to be sold as paperbacks - a lot of people seem keen on the idea. We'll see how it goes.
Absolutely, look at Summize (now Twitter Search) and Friendfeed who has a large amount of data in the form of Tweets.
You also have the clients, eg Twhirl (purchased by Loic Le Meur) and Tweetdeck which is another format you could follow. I'm sure some iPhone apps that focus on Twitter do very well for themselves too.
There is still plenty of opportunity out there. I had an idea for something that wasn't a part of the API last year (I emailed Alex asking if it was due anytime and he said it was on the list). I just checked the API now and it seems like its there, so I may give it a go soon.
Honestly though, I'd say start with small ambitions on scalable infrastructure (eg AWS) and grow from there. You'll know if you hit a chord as stuff spreads through Twitter like wildfire.
In fact, given this trait of Twitter, I'd suggest its a perfect protocol to build/iterate upon as you get almost instant feedback on whether you're going the right way.
My guess is yes. Twitter is a new protocol, and in the past new protocols have always generated new companies. The one catch here is that this protocol is controlled by a private company. So you'd have to worry about the possibility that if you did something successful, they'd try to take it over themselves. I think one could probably protect oneself, though, by doing something that's enabled by Twitter, but very far…
My guess is yes. Twitter is a new protocol, and in the past new protocols have always generated new companies. The one catch here is that this protocol is controlled by a private company. So you'd have to worry about the possibility that if you did something successful, they'd try to take it over themselves. I think one could probably protect oneself, though, by doing something that's enabled by Twitter, but very far…
Much better for everyone would be some kind of official support with a rev share.
Re. joshsharp, good point about the proprietary nature but hopefully Twitter will allow further customization of profiles/data in the future. For me, the reason Twitter has grown so quickly has been due to its simplicity, both to a regular user and developer.
There's been some great apps though, some mentioned here I've tried, and hopefully one day aside from takeovers, there will be real options to earn revenue from them.