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What’s The Street Price Of Twitter? Nearly $1.6 Billion
- vaksel 16y agodoubtful. hell Myspace was bought for a 1/3 of that, and I'd say they were a lot more viable back then. I'm pretty sure they actually had revenue.
- seldo 16y agoWhy do people keep saying Twitter is revenue-free? It has search integration deals, sponsored topics and promoted tweets. It may not be profitable, but it certainly has non-trivial revenue at this point.
- jackowayed 16y agoWorse yet, I was under the impression that the search deals are lucrative enough that they are profitable in the more-than-breaking-even sense.
- seldo 16y agoThat was true, but I think they have hired extensively since then.
- drgath 16y ago"Why do people keep saying Twitter is revenue-free?" It's TechCrunch, what do you expect?
- waterlesscloud 16y agoIt's the same crowd that says "What do I care about tweets about what people are eating for lunch?" I figure they're people won't make very good founders and move on.
- nirajr 16y agoTo know about 'intrinsic' value of a consumer tool (like FB or Twitter), I usually ask people - would you pay, say $1 per month to continue using the tool, if the payment process was very easy and invisible to you. I hear a yes from most FB and Twitter users. That I think speaks very loudly about the value of these two tools.