Twitter being valued for as much as $7 billion
Summary: Twitter hasn't declared an IPO yet nor has it hinted that it will be going public anytime soon. Nevertheless, the micro-blogging giant is being valued for as much as $7 billion these days.
Twitter hasn't declared an IPO yet nor has it hinted that it will be going public anytime soon. Nevertheless, the micro-blogging giant is being valued for as much as $7 billion these days.
The Wall Street Journal is reporting that the San Francisco-based company is "currently in discussions to raise a new round of private financing," in order to "raise hundreds of millions of dollars in a round valuing Twitter as high as $7 billion.
Note that this is all based on reports from unnamed "people familiar with the matter," nor do we know officially which investors and venture capitalists could be involved.
However, the WSJ also notes that Twitter is on track to earn just about $150 million in ad revenue this year.
Nevertheless, it's no surprise that there is buzz that Twitter should/could be going public - even if $7 billion does seem a bit high to some skeptics. There has been much hype over recently declared IPOs from Groupon and Zynga for $750 million and $1 billion respectively.
There's also speculation that Facebook will go public by the end of 2011, with valuation estimates hovering anywhere between $65 billion and $100 billion - especially if it turns out Facebook actually does have 750 million active users already. Yet, the last official statement that CEO Mark Zuckerberg has made as to Facebook declaring an IPO was a simple "Not yet" at the eG8 forum in Paris in May.
We could be learning more on that front tomorrow when Facebook makes a "major announcement." But as for Twitter, we might have to wait a bit longer for that one as it seems that the micro-blogging giant is satisfied with private investments for the time being.
Related:
- Google is starting to finally get social media with Google+
- Twitter picks up BackType with BackTweets analytics platform
- Report: Twitter under investigation by Federal Trade Commission
- Twitter Clients for Android: A Shakedown
- Predictable: Twitter loses another co-founder as it searches for business model…
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Talkback
RE: Twitter being valued for as much as $7 billion
Is not the good time to sell now
Show me the (source of the) money!!!
Twitter is very small in revenues and does not grow rapidly, comparing to
I'm curious how this country survived as long as it has.
Then, Wall St. nearly bankrupted not only this country but several others because they thought insuring crap mortgages was a great idea.
Now? oh, "we learned our lesson last time.. this go around we know what we're doing w/ tech, particularly this 5 year old baby called social."
Yeah, right. that's why we're talking about assigning $100B value to Facebook. [b]$100B???[/b] That's HALF of GE's market cap. You remember GE? you used to love it, it's the global conglomerate that has a hand in nearly every segment of the market.
That's fine. I'll ready my margin account at TDameritrade, and look forward to short selling with the rest of 'em.
RE: Twitter being valued for as much as $7 billion
But I've never even heard one suggestion for how twitter canearn. By it's very nature it can't even get 'adsense'-style ads to work. Way too 'Now!' and no lingering afterthought.
If MySpace is $35million-ish, then Twitter sure ain't worth $7,000million. That's not creative thinking - it's fishing for idiots.
RE: Twitter being valued for as much as $7 billion
RE: Twitter being valued for as much as $7 billion
Twiter and Facebook should definitively avoid making that insanity.
ANY enterprise that goes public effectively LOOSE control on it's own destiny in favor of it's share holders. To many enterproses have gone bankrupt because it's share holders where to greedy and demanded excessive dividends. There are a great many cases where the dividends payd where MUCH larger than the gross profits and changed profits of several $100's millions into a loss of the same magnitude.
The investors are trying to get their money out...
RE: Twitter being valued for as much as $7 billion
RE: Twitter being valued for as much as $7 billion
RE: Twitter being valued for as much as $7 billion
RE: Twitter being valued for as much as $7 billion
Twitter is definitely not worth that. It is not her true value !
It is just cook up by stock brokers and scumbags hoping to earn big bucks if she ever launch an IPO !
RE: Twitter being valued for as much as $7 billion
RE: Twitter being valued for as much as $7 billion
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