6:01 pm on Feb 1, 2013 (gmt 0)
Quite a valuation, and clearly lots of interest.
Fortune has now learned from multiple sources that there is yet another block of early employee shares available, at a valuation of $9.9 billion.Twitter Nearing $10 Billion Valuation [finance.fortune.cnn.com]
I love Twitter but this is nuts.
Brace for another internet bubble to burst.
This is just what happened the last time when a bunch of sites got overvalued and eventually all the fancy bookkeeping used to line the pockets of the investors caused the market to collapse.
One word: TULIPS
What are the other over valued companies? Amazon is sky high and will crash now that I can just as easily pay sales tax at a local store. 10B for twitter seems rather insane. Don't know anyone who uses it anymore and can't magine they have that much revenue.
4:24 am on Feb 2, 2013 (gmt 0)
Don't know anyone who uses it anymore ...
LOL
Me, netmeg, brett, engine, phranque, etc., it's very active.
Twitter has always seemed to me like a form of internet Tourette's syndrome - BOB SAGAT!
