Facebook and Google evaluate Twitter $10 billion
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.”
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, a representative at Venture Beat was calling a $3 billion valuation for Twitter “nonsense.”