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We’re hearing chatter about a possible sale of Twitter, and extraordinary valuations are part of the conversation, with various executives talking about numbers upwards of $10 billion.
According to the Wall Street Journal, Facebook and Google executives have engaged in “low-level talks” with Twitter. According to the WSJ’s “people familiar with the matter,” those discussions are estimating the value of the microblogging service “in the neighborhood of $8 billion to $10 billion.”
But don’t get your hopes up, because those same sources are saying that the talks aren’t getting anywhere yet. Could that $10 billion number be too low? It’s hard to believe that just two months ago, my friend Owen Thomas at Venture Beat was calling a $3 billion valuation for Twitter “nonsense.”
High, indeed, but there’s a high value placed on attention, and Twitter’s getting that: In fact, the company set an all-time record for tweets during a sporting event during the final minutes of last weekend’s Super Bowl, recording an astonishing 4064 tweets in a single second.
The overall record was set last New Year’s Eve in Japan where revelers sent a total of 6,939 tweets per second just after the clock struck midnight. Now that’s engagement.
What do you think, readers? Is Twitter actually worth somewhere between $8 billion and $10 billion? Please let us know in the comments.
We’re hearing chatter about a possible sale of Twitter, and extraordinary valuations are part of the conversation, with various executives talking about numbers upwards of $10 billion.According to the Wall Street Journal, Facebook and Google executives have engaged in “low-level talks” with Twitter. According to the WSJ’s “people familiar with the matter,” those discussions are estimating the value of the microblogging service “in the neighborhood of $8 billion to $10 billion.”
But don’t get your hopes up, because those same sources are saying that the talks aren’t getting anywhere yet. Could that $10 billion number be too low? It’s hard to believe that just two months ago, my friend Owen Thomas at Venture Beat was calling a $3 billion valuation for Twitter “nonsense.”
High, indeed, but there’s a high value placed on attention, and Twitter’s getting that: In fact, the company set an all-time record for tweets during a sporting event during the final minutes of last weekend’s Super Bowl, recording an astonishing 4064 tweets in a single second.
The overall record was set last New Year’s Eve in Japan where revelers sent a total of 6,939 tweets per second just after the clock struck midnight. Now that’s engagement.
What do you think, readers? Is Twitter actually worth somewhere between $8 billion and $10 billion? Please let us know in the comments.
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