The Twitterverse was humming on Wednesday with a report from Kara Swisher that venture firm Andreessen Horowitz had bought $80 million worth of privately held Twitter’s stock on the secondary market. (No valuation was disclosed.)
Then came a report in the Wall Street Journal that Twitter was in “low level” acquisition talks with Facebook and Google. Sourcing “people familiar with the matter,” the Journal reported that Twitter believes it is valued “in the neighborhood of $8 billion to $10 billion.” That is substantially more than the $3.7 billion valuation it commanded less than three months ago, when it raised $200 million from Kleiner Perkins Caufield & Byers and existing investors.
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The Journal’s sources say that Twitter’s revenue hit about $45 million last year, but that it lost money, and that the company would likely see its revenue grow to $100 million to $110 million this year. That’s not a whole lot of dough for a company that is already a household name and has more than 200 million registered users.
Given all the chatter about Twitter, we felt it was an apropos topic for a new feature peHUB is launching: Question of the Week.
So, we ask you, dear reader: What do you think Twitter is worth at this very moment?