Posts Tagged ‘Billion’
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Twitter’s valuation continues to rise as new reports have the company raising $400 million in a private round of financing.
Happy birthday Twitter! It’s five years ago this week that a small team of developers and creative types started working on Twitter. Although, as we know, it was called “Twttr” back then. In celebration of its fifth birthday, Twitter has released some very interesting stats about where it was back then, and where it is now.
Private investors have pushed Twitter’s valuation up to $7.7 billion, which is more than twice its valuation just three months ago.
In a matter of months, Twitter’s apparent valuation has climbed from $4 billion to $10 billion, as the company enters into low-level acquisition talks and reveals some of its financials. But is it really possible that Twitter has grown by $6 billion since December?