Twitter Valued At $3.7 billion - GoFuckYourself.com

DateDoc · 12-15-2010, 08:08 PM

Based on the latest $200m in funding.

Twitter has raised $200 million of financing in a deal that values the microblogging company at $3.7 billion, less than a year after it began its first serious efforts to make money.

The funding, from Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers and existing Twitter investors, underscores the high hopes that investors have for Internet social networking companies.

"It's a huge multiple. But the idea is that (Twitter's) scale can be monetized," said BGC Partners analyst Colin Gillis, who estimated that Twitter's annual revenue was currently under $100 million.

The money will help Twitter expand the company, Twitter said in a post on its corporate blog on Wednesday. The blog post did not elaborate and a spokesman declined to offer specifics.

http://news.yahoo.com/s/nm/20101216/ts_nm/us_twitter

Ethersync · 12-15-2010, 08:27 PM

A valuation based on the money they have raised and not their actual profit. Cute.

kane · 12-15-2010, 08:28 PM

Quote:

Originally Posted by Ethersync

A valuation based on the money they have raised and not their actual profit. Cute.

It is the old school late 90's way of valuating a site. Put it up, get users then guess at the value and spend spend spend.

SomeCreep · 12-15-2010, 08:29 PM

Unless they can put up some serious numbers, that market cap sounds like a bubble.

BJ · 12-15-2010, 08:30 PM

and remember when youtube started everyone was laughing at them

Ethersync · 12-15-2010, 08:40 PM

Quote:

Originally Posted by BJ

and remember when youtube started everyone was laughing at them

I'm not laughing at them. I like Twitter. I never laughed at YouTube.

BIGTYMER · 12-15-2010, 08:42 PM

Fuck Twitter. Groupon is a money making machine!

kane · 12-15-2010, 08:50 PM

Quote:

Originally Posted by BJ

and remember when youtube started everyone was laughing at them

As far as I'm aware YouTube has still yet to make a profit for anyone other than the guys that sold it to Google. The only reason it hasn't gone under is because it is propped up by Googles huge wad of cash.

PornMD · 12-15-2010, 08:59 PM

Quote:

Originally Posted by kane

As far as I'm aware YouTube has still yet to make a profit for anyone other than the guys that sold it to Google. The only reason it hasn't gone under is because it is propped up by Googles huge wad of cash.

Pretty much. Internet-changing site it may be, hugely profitable it is not. Twitter is in pretty similar territory, except I wouldn't be surprised if when all is said and done, Twitter will rise for a bit more then tumble down to the next big thing while the owners stay with the sinking ship wondering why they didn't sell it when it was near its peak. Meanwhile, the Youtube guys and their lineage don't have to worry about shit for a looooooong time.

Ethersync · 12-15-2010, 09:02 PM

I read an article a few months ago about how YouTube is actually making more money than people think since Google gets the bandwidth for damn near nothing. I'd dig up the article, but I can't be bothered...

will76 · 12-16-2010, 12:19 AM

how does twitter make money ?

Agent 488 · 12-16-2010, 12:26 AM

Facebook on Track for $2B Revenue in 2010

http://mashable.com/2010/12/16/faceb...tent=Bloglines

baycouples · 12-16-2010, 12:29 AM

If you ask me one good web developer can progream that site in about two weeks. Plus, much like mySpace and Friendster, Twitter is a gonner.

BIGTYMER · 12-16-2010, 01:07 AM

Davy · 12-16-2010, 01:47 AM

It's so ridiculous. It's a populairty contest without any form of monetization.

madawgz · 12-16-2010, 03:13 AM

id sell it for that price! lol

Dodododa · 12-16-2010, 04:11 AM

If Youtube still isn't profitable with all that advertising they have now, I don't like their chances.

It's funny, FRED is making more profit from Youtube than Google is.

kane · 12-16-2010, 05:32 AM

Quote:

Originally Posted by Ethersync

I read an article a few months ago about how YouTube is actually making more money than people think since Google gets the bandwidth for damn near nothing. I'd dig up the article, but I can't be bothered...

That may be the case. I haven't read anything about them in a while and Google does have a ton of bandwidth so they may well be profitable now. The article I read a while back talked about how they lost about a million dollars a week on it, but they didn't care because it gave them other things they would be able to use and monetize down the road.

Editing. Just found this article that says it looks like they will start seeing profit from YouTube this year. http://www.physorg.com/news202736127.html

12-15-2010, 08:08 PM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Twitter Valued At $3.7 billion Based on the latest $200m in funding. Twitter has raised $200 million of financing in a deal that values the microblogging company at $3.7 billion, less than a year after it began its first serious efforts to make money. The funding, from Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers and existing Twitter investors, underscores the high hopes that investors have for Internet social networking companies. "It's a huge multiple. But the idea is that (Twitter's) scale can be monetized," said BGC Partners analyst Colin Gillis, who estimated that Twitter's annual revenue was currently under $100 million. The money will help Twitter expand the company, Twitter said in a post on its corporate blog on Wednesday. The blog post did not elaborate and a spokesman declined to offer specifics. http://news.yahoo.com/s/nm/20101216/ts_nm/us_twitter __________________

12-15-2010, 08:27 PM	#2
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	A valuation based on the money they have raised and not their actual profit. Cute. __________________ The best ePassporte replacement I have found: OKPAY

12-15-2010, 08:29 PM	#4
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	Unless they can put up some serious numbers, that market cap sounds like a bubble. __________________ Webair Hosting I use and recommend Webair for hosting.

12-15-2010, 09:02 PM	#10
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	I read an article a few months ago about how YouTube is actually making more money than people think since Google gets the bandwidth for damn near nothing. I'd dig up the article, but I can't be bothered... __________________ The best ePassporte replacement I have found: OKPAY

12-16-2010, 12:19 AM	#11
will76 Making $$$$ w/ ClickCash Industry Role: Join Date: May 2003 Location: USA Posts: 18,037	how does twitter make money ? __________________ ICQ: 86364801 Email: will [at] innovativeassets [dot] com PROGRAM SHIT LIST - DO NOT PROMOTE (click link for gfy thread) FNCash \| Media Revenue

12-15-2010, 08:30 PM	#5
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	and remember when youtube started everyone was laughing at them

12-15-2010, 08:42 PM	#7
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Fuck Twitter. Groupon is a money making machine!

12-16-2010, 12:26 AM	#12
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	Facebook on Track for $2B Revenue in 2010 http://mashable.com/2010/12/16/faceb...tent=Bloglines

12-16-2010, 12:29 AM	#13
baycouples Confirmed User Join Date: Mar 2004 Location: San Jose, CA Posts: 1,341	If you ask me one good web developer can progream that site in about two weeks. Plus, much like mySpace and Friendster, Twitter is a gonner.

12-16-2010, 01:07 AM	#14
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066

12-16-2010, 01:47 AM	#15
Davy Confirmed User Industry Role: Join Date: Apr 2006 Location: Germany Posts: 4,323	It's so ridiculous. It's a populairty contest without any form of monetization. __________________ --- ICQ 14-76-98 <-- I don't use this at all

12-16-2010, 03:13 AM	#16
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	id sell it for that price! lol __________________ TAEMDLRMSKRJIXMRLSMRJ.

12-16-2010, 04:11 AM	#17
Dodododa Confirmed User Industry Role: Join Date: Oct 2010 Posts: 239	If Youtube still isn't profitable with all that advertising they have now, I don't like their chances. It's funny, FRED is making more profit from Youtube than Google is.