Creating new things in the sociosphere is all about mixing and mashing up unbundled bits and pieces from other social media. Rick Liebling has built a beautiful (and funny) periodic table of social media elements:
We at Result have always thought that once you have chiseled out an internet business model that works locally, it's almost a sin not to expand it into other markets. Given today's internet penetration and users' behavior that's more true than ever.
Twitter, as a phenomenon, is really exploding, in all dimensions. They count their users in the millions now (our actual guess: well over 5M), there are many hundreds of applications tapping in on their API, and the whole world is talking and writing about them.