Twitter Now Valued At $8 Billion, Sources Say
Twitter’s valuation continues to rise as new reports have the company raising $400 million in a private round of financing.
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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.
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We're kicking off our upcoming June Social Media Marketing Boot Camp session with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here.
Unconfirmed rumors from Business Insider last week indicate that leading Twitter investor Kleiner Perkins is selling off Twitter stock on the secondary market – just months after making its investment.
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No, Twitter didn’t become publicly-traded overnight: an investment firm has purchased $80 million in Twitter stock on the secondary markets. This news comes on the heels of sources claiming that Twitter is worth up to $10 billion.
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Twitter has just closed its latest round of funding, bringing in $200M to expand its operations in the new year.
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Sources close to Twitter’s current round of funding say that it will likely close next week. Kleiner Perkins, a Silicon Valley venture firm, is poised to be the major investor, with smaller investors likely part of the deal as well.
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