Facebook hit its 300 million users milestone quite some time ago and might soon take over the number 2 position in the world wide web. It is by far the world's largest and most successful social-networking site. Adding to the "wow" factor, Facebook is currently worth $9.5 billion - 10 times more than Twitter, which is currently facing stagnant growth. More from Bloomberg: "Facebook shares are currently selling for about $21 each at SecondMarket, said Adam Oliveri, managing director at the New York-based company. That’s up from $14.77 in July... At $21 each, ...
Tag Archives: Valuation
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Nov 13 2009
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Twitter Worth About $600 Million
That is what NeXTt Up Research found out. To be exact, it has estimated Twitter's valuation at the range of $526 million to $674 million. According to Michael Moe, the man leading the research team, "based his figures on revenue opportunities in regions, publicly available documents, press releases and articles, and other criteria." It was also estimated that Twitter currently has more than 70 million users. Other interesting findings include Twitter's revenue growth, which is predicted to be $114 million to $134 million in 2013, and $126 million to $148 million in 2014. Surely, ...
Sep 26 2009
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Twitter Confirmed “Significant” Funding
More funds = Less fail whale and bugs? This dream is coming true with Twitter Co-founder and CEO , Evan Williams' confirmation. However, the amount of funding Twitter received still requires some guesswork. No exact amount of funding was announced. Instead, the word "significant" was used. Is $100 million considered significant? Here's what Evan posted: "There's a lot of talk today about our financing. A few hours ago we closed a significant round of funding with a group of investment firms that we're excited to publicly thank: Insight Venture Partners, T. Rowe Price, Institutional ...
Sep 25 2009
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Twitter to Raise $100 Million From Investors
Last week we reported that Twitter has plans to press for funds at a $1 Billion valuation. This is now no longer a rumor with WSJ confirming the case. It was reported that "investors are valuing Twitter, which has yet to generate revenue or finalize its plans for making money, at about $1 billion. A person familiar with the deal said investors are applying a similar value to Twitter as that applied to Facebook..." It was just in February that Twitter was valued at $250 million, raising $35 million in a Series C ...
Sep 23 2009
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Co-Founder Biz Stone: Twitter Will Have No Ads This Year
According to Reuters, Twitter currently has no plans to monetize its traffic with advertisements this year. Biz Stone claimed that Twitter is doing pretty good right now and is currently focused on features and paid commercial accounts for 2009. "Any kind of approach toward advertising is going to be awhile... We're not thinking about that just yet," Stone said at the 140: Twitter Conference in Los Angeles. Biz Stone remained tight-lipped when questioned about Twitter's valuation and venture funding. There isn't any confirmation to Twitter's ambitious $1 billion valuation thus far.
Sep 17 2009
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Twitter To Ask For Funds At $1 Billion Valuation?
TechCrunch has quoted from an undisclosed source that Twitter is currently pressing for funds at a $1 Billion valuation. It is also said that the micro-blogging giant plans to raise about $50 million in the coming financial round, adding up to approximately $55 million to date. Many would be raising their eyebrows upon reading its ambitious valuation. It was just in February that Twitter was valued at $250 million, raising $35 million in a Series C round of funding . A sudden increment to a milestone billion dollar valuation is indeed hard for ...
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