Is Twitter worth four billion dollars?

Posted by Knowlton Thomas

A staggering 25 billion tweets occurred during the past year. During this time, Twitter added 100 million new accounts.

Thanks to a new round of venture capitalism, which netted Twitter $200 million of fresh funding, the information network is now valued at a whopping $3.7 billion.

That's a lot of money for a company that is still working on generating revenue, let alone profit. Then again, Google struggled for years to rake in the dough, and in hindsight, the search engine titan would have been a steal of a buyout at $3.7 billion.

Company:
Twitter
Website:
http://www.twitter.com
Location:
San Francisco, California, United States

Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over multiple networks and devices. In countries all around the world, people follow the sources most relevant to them and access information via Twitter as it happens—from breaking world news to updates... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more




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