Tech WWWorld–Funding in Pure-play Twitter Startups Down by 50%, Firefox 4 Beta 4 Released

Investments in Twitter startups come down Now that Twitter is launching its own tools and in a way, competing with the very own app developers who helped the company in building the ecosystem, the funding in pure-play Twitter startups has come down by 50%. “Last year (from June 2008 to May 2009), we’d seen $21.6M fly from venture capitalists and angel investors to pure-play Twitter startups. In the June 2009 to May 2010 timeframe, the investment funding dropped over 50% to $10.4M.” – source Not that this comes as a surprise, but those who are building pure play Twitter startups should read this insightful article : Feature, Product, Business or Company–What are you Building?

[via Pluggd.in]