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I think this means Twitter has peaked. As in now they're trying hard to get existing users to "do more" (follow more people) because there's not many people signing up anymore. It's not like following people has been hard previously.

In exactly the same way that Facebook now doesn't have many people signing up, so instead they desperately keep shoving "People you may know!" at you, even though you've never heard of Ima Stalker before.

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User acquisition will always peak at some stage for most companies (the universe being the total number of people with access to the internet), so the attempt drive more usage is not surprising.

I do believe, though, that Twitter has lost its way since end 2009 and are largely making stuff up as they go along. It is also fair to assume that they will have pressures to ramp up monetization as they run out of time to bridge the gap between potential and actual revenues. Such is the curse of an insanely high valuation.

agreed [when are the points coming back - 2600 to 1600 is a pretty clear vote]

It was a poll, not a vote. pg is going to do what he wants.

Facebook has recently hit 700m users. How do they not have "many people signing up"?

I should have said "as many" - the stampede they had isn't there anymore.

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