Do you think technology is a notable differentiator for Twitter?

Are new users (or actual customers—advertisers, blue-checks these days, which, LOL) signing up because they want access to the technology?

If another company cloned 100% of Twitter's proprietary technology, perfectly, how would investors react to that company, if that's all they've got?

If that company offered that tech for sale, outright, straight-up IP transfer, a single bidder owns the whole thing, what percentage of Twitter's value would that tech command on the market?

I'd go with:

1) No,

2) No,

3) They'd practically ignore it,

and 4) probably not even 1%