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Twittargh is worth 7 Billion Guise


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Is Twitter really worth £7BILLION? New valuation revealed amid claims firm will go public next year
  • Social networking firm preparing to go public in 2014, claim financial researchers Greencrest
  • They estimate the firm is already worth £7billion ($11billion) based on trading in secondary markets, and could be worth significantly more by 2014

By Mark Prigg

PUBLISHED: 15:11, 3 January 2013 | UPDATED: 15:53, 3 January 2013

Twitter could be worth more than £7billion ($11bn) if it goes public in 2014, a financial research firm claimed today.

New York specialist financial researchers Greencrest claims the social networking firm is already preparing to take the company public next year, according to a new report.

The firm made its valuation after analysing trading in secondary markets, where shares are privately traded.

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Twitter Co-Founders (from left) Evan Williams, Jack Dorsey and Biz Stone, photographed in their offices in downtown San Francisco, California.

 
TWITTER AT A GLANCE

The service was originally launched in October 2006, by Jack Dorsey, Noah Glass, Evan Williams and Biz Stone

It has over over 500 million registered users as of 2012, generating over 340 million tweets daily and handling over 1.6 billion search queries per day.

Over 200m active users send tweets each month.

Max Wolff, an analyst with Greencrest, told Forbes that Twitter's value is up since Facebook went public last year.

'Using the secondary market for shares to mark enterprise value is a very difficult and opaque process.

 

'It is a rumor rich and special share class soup,' he told the publication. 

However, it is believed that Facebook and games maker Zynga's recent poor IPOs (Initial Public Offering) may have affected the valuation.

Facebook's shares are down 26% since its IPO, while Zynga's value has dropped by 75%.

A funding round in 2011 valued Twitter at $8bn, after which the value rose to $10bn on secondary markets before Facebook's IPO pushed the value back down to $9bn.

Greencrest analyst Max Wolff said Twitter's value has also been swollen by speculation that Apple is interested in acquiring the company.

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Twitter is preparing to take the company public in 2014, and could already be worth as much as $11bn, according to a report by specialist financial researchers Greencrest.

 

'That said, Twitter is up since the Facebook IPO and is now valued at northward of $11bn.

'This makes sense as growth in users and new monetisation efforts are both yielding fruit and pointing toward a good 2013 for Twitter.'

Backing up comments made late last year by chairman Jack Dorsey, currently on holiday with model Lily Cole, that 'You can think of an IPO as an exit or a goal, or you can think of it as more of a milestone.

'For us, it's a milestone,' he said.

Dorsey also said the firm would IPO 'when we feel the company is ready for that milestone.'

Greencrest also uses recent managerial shifts to back up their claim, pointing to Ali Rowghani’s move from CFO to COO, and the addition of ex-Zynga guy Mike Gupta as CFO. Also, Newsvine’s Mike Davidson is now on board as VP of design.

 

remember watching that video that supermalt posted, when the guy said he didnt invest in twitter back in the day cos he thought it was stupid

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its just people posting a whole load of bullshit

 

from beiber and one direction fans

 

to attention whores

 

to "ballers"

 

and these wannabe philosophers posting nursery shit to get retweets

 

it just pisses me off

its what you make it to be.

 

if you don't want that stuff then don't follow waste.

 

i dislike twitter but i have found it useful for certain things like getting up to date info on queries and news on product releases, sales etc.

 

i don't use it to follow friends etc for the reasons you stated.

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its just people posting a whole load of bullshit

 

from beiber and one direction fans

 

to attention whores

 

to "ballers"

 

and these wannabe philosophers posting nursery shit to get retweets

 

it just pisses me off

its what you make it to be.

 

if you don't want that stuff then don't follow waste.

 

i dislike twitter but i have found it useful for certain things like getting up to date info on queries and news on product releases, sales etc.

 

i don't use it to follow friends etc for the reasons you stated.

 

i dont even follow randoms or celebs, its friends and vip2 guys lol

 

not the posts really, its mainly the retweets

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twitter's good for finding out stuff tbh

 

 This.

But also, it's very good for finding out bullshit.

Some people use it too much though, how can this guy check in to Nisa.

ffs

as in, the newsagents?

 

he must be like that guy i have on facebook

 

'penelope with her new private plates'

 

some punto with a shitty privage reg :blink:

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twitter's good for finding out stuff tbh

 

 This.

But also, it's very good for finding out bullshit.

Some people use it too much though, how can this guy check in to Nisa.

ffs

as in, the newsagents?

 

he must be like that guy i have on facebook

 

'penelope with her new private plates'

 

some punto with a shitty privage reg :blink:

 

Ex-uni housemate. gay. 25k+ tweets. etc

He is this new generation of 'tell everyone what you're doing at all times' that I despise.

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Guest chap44uns
Simple enough concept ,pissed i didnt think of it.

I always laugh when ppl say things like this

lol at thinking there wernt anything similar around when twitter launched

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