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Is Twitter Worth $1 Billion?
Peter Macdiarmid / Getty Images
Twitter to close to finishing a round of funding which would value the social-network micro-blogging site at $1 billion, according to the industry site TechCrunch. In February, an earlier funding round led by Benchmark capital valued the company at $250 million. Despite its rising popularity, the site, where people post 140-character messages, has struggled to figure out a way to become a viable business. The site reached 44.5 million visitors in June, 15 times more than it reached a year prior.
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gak001
No.
guiltybystander
I gotta tell ya, I wouldn't pay more than $900 million
hfb1053
No.
retired-army-1SG
Can anyone say Internet Bubble? 2000 all over again...
FawnLiebowitz
Ahh the good old days--buy Amazon @ 30, sell at 240...I could use another IB--we all could!
postng
Twitter is the online equivalent of a dog urinating on a tree to tell other dogs he's been there. I'm only 30 and I feel like I'm getting old.
glenndale
In a word? No.
OnwardRocinante
Twitter struggles with viability because it does not produce or provide anything of value.
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