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In the world of txt / IM / email TLAs have a place. Type less. Say more.
But, what seems to the biggest barrier to entry into a new company or new industry is the terminology often hiding behind the TLA (three letter acronym). People talk using TLAs almost to show how clever they are rather then to make the conversations shorter and more succinct.
So I launched acronymcentral.com It has no business plan, no revenue, no exit - so must be worth$1.7bn even in this market.
What is MORE interesting is with current technology it took less than 2 hours to build the website, build the back end database with user login and permissions, buying domain name and redirecting it to the website. That is Business 2.0 for you.
All that is needed now is a revenue model. But with a domain name costing £9.99 and the hosting free, the ROI (sorry!!! - Return On Investment) could be quite quick.
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