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But it was $500 mill giving FB a $15B valuation.. If you assume FB is worth $3B - then it was only a $100 mil offer. (Still nothing to be sneezed at)
by whatusername 18y ago
But it was $500 mill giving FB a $15B valuation.. If you assume FB is worth $3B - then it was only a $100 mil offer. (Still nothing to be sneezed at)
- wheels 18y ago$3B would be a pretty good value for Facebook given that 2008 revenues were projected at roughly $300m (no idea if they'll hit that). Twitter has raised $20m in funding, so I'd guess, this early on, that their investors wouldn't be super excited about cashing out at $100m in hand-wavey stock values.
- tlrobinson 18y ago$100 million seems like a more fair valuation of Twitter to me. I feel like people around here ("here" meaning Silicon Valley, etc) overvalue Twitter.
- mattmaroon 18y ago$100 million in cash maybe, though that would allegedly be about their valuation as of last funding round. $100m in Facebook stock I'd turn down too, if I were them.
- dcurtis 18y agoWhy do you think people overvalue Twitter? CNN is starting to embrace it as a news source, and that's huge.