Twitter App Directory OneForty Gets Funded, But Not Sure Why
OneForty is a new Twitter App Directory that has been around for a while now. Today, it has been announced that they have received $1.6 million in funding. I would like to congratulate the team on receiving funding, but what the hell are the investors thinking!
A Twitter app directory seems like an addon to an already developed site and not a project in itself I dont see why someone would fund this project because it just seems very limited. A Twitter directory can gain decent traction but no where near what is needed to get the returns on advertising, thus they must be after an exit eventually. However, the only company that would be interested in purchasing such a site is probably Twitter, and Oneforty just seems to poorly developed and designed to get an exit to Twitter.
Am I missing the point here?
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