It seems like every week another story hits the wires about how much Twitter is worth today. Well, today's story puts all the other ones to shame.

In the company's latest private venture round valuation, its value was placed somewhere north of $1 billion, CEO Evan Williams reportedly told employees at a recent all-hands meeting.

It's a staggering number considering that when Twitter underwent a similar valuation in the process of raising $35 million earlier this year, it was valued at $250 million.

Daily Finance reports that this round of fundraising will net the company some $50 million, and says that on a per-user basis, the San Francisco-based company is worth 1.5 times more than Facebook.