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02/10/2011 11:47 PM ID: 87853 Permalink   

Twitter Is for Sale, Valued at $10bn

 

Microblogging network Twitter has been valued at $10 billion. It is for sale, which is one of the biggest sales for Silicon Valley standards.

Twitter´s forecast sales are only at around $110m. The two companies that are in the financial position to pay the price are Google and Facebook.

But the question is whether Google wants to risk taking over another company as YouTube proved to be not very profitable at the moment.

 
  Source: www.guardian.co.uk  
    WebReporter: walktheline Show Calling Card      
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  5 Comments
  
  Call me a novice  
 
but how exactly does twitter make any money at all? I cant recall ever seeing an add, and I dont pay anything.
 
  by: ssxxxssssss   02/11/2011 02:17 AM     
  Personal Data?  
 
I assume that your data is sold in some form or fashion. Twitter has access to online habits, location, age, gender.

I could be wrong though.
 
  by: STM127   02/11/2011 05:33 AM     
  Ten billion??  
 
It´s worth one billion at the very most!
 
  by: H. W. Hutchins   02/11/2011 06:34 AM     
  I  
 
think Google will buy it because as i know the company is rich.

[ edited by vizhatlan ]
 
  by: vizhatlan     02/11/2011 01:55 PM     
  Oh goody  
 
10 billion in imaginary value. How fun.
 
  by: velger   02/11/2011 03:10 PM     
 
 
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