Twitter turned down a $10 BILLION buyout offer from Google - GoFuckYourself.com

$5 submissions · 04-17-2011, 07:19 PM

Things that make you say WITW! Twitter turned down $10B from Google. I guess they are all excited about their 200M user base. Knowing twitter's attrition rate, this is more along the lines of 20M REAL and ACTIVE users. Sure, there's lots of active bots and also lots of people dropping out. Still... $10B turned down. Lots of tears came to VC eyes that day, I'm sure.

Source: http://www.businessinsider.com/twitt...-report-2011-4

Quote:

Twitter has revenues in the tens of millions of dollars.

Twitter's board is in disarray.

Twitter has two part-timers leading its product team.

$10 billion is a lot of money ? almost double the company's current valuation.

Bizarre. If new Google CEO Larry Page comes calling with that kind of money again, Twitter's top management (mostly pros who did not found the thing) should say yes please, and get out of the way.

will76 · 04-17-2011, 07:21 PM

Quote:

Originally Posted by $5 submissions

Things that make you say WITW! Twitter turned down $10B from Google. I guess they are all excited about their 200M user base. Knowing twitter's attrition rate, this is more along the lines of 20M REAL and ACTIVE users. Sure, there's lots of active bots and also lots of people dropping out. Still... $10B turned down. Lots of tears came to VC eyes that day, I'm sure.

Source: http://www.businessinsider.com/twitt...-report-2011-4

How much does twitter actually make a year, profit ?

xsabn · 04-17-2011, 07:22 PM

nice offer

GTS Mark · 04-17-2011, 07:22 PM

It absoluely blows my mind how much money some of these companies are turning down.

Brujah · 04-17-2011, 07:25 PM

I turned down $11 billion for Twidiots.com

$5 submissions · 04-17-2011, 07:29 PM

Quote:

Originally Posted by GTS Mark

It absoluely blows my mind how much money some of these companies are turning down.

Somebody should show Google this link: http://money.cnn.com/1999/01/28/technology/yahoo_a/

MrMaxwell · 04-17-2011, 07:31 PM

Turning down 10b takes some heavy stones
Most people on here can't imagine how much that even is

Rochard · 04-17-2011, 07:35 PM

For ten billion... I'd by myself my own island and staff it with nothing but sexy eighteen year chick bartenders.

slapass · 04-17-2011, 07:51 PM

Quote:

Originally Posted by $5 submissions

Somebody should show Google this link: http://money.cnn.com/1999/01/28/technology/yahoo_a/

They used their inflated stock so it hurt less.

will76 · 04-17-2011, 07:57 PM

Quote:

Originally Posted by MrMaxwell

Turning down 10b takes some heavy stones
Most people on here can't imagine how much that even is

everyone on here can't image how much that is.

L-Pink · 04-17-2011, 07:57 PM

Quote:

Originally Posted by Brujah

I turned down $11 billion for Twidiots.com

That's a lot to offer for a one person social network

.

dave90210 · 04-17-2011, 08:05 PM

They're retards take the money and run, just like the Myspace founder. Tumblr is going to kick Twitters ass and Twitter is going to be the next Myspace

JustDaveXxx · 04-17-2011, 08:11 PM

I would have taken the 10B and ran. Twitter has about ran its course.

blackmonsters · 04-17-2011, 08:13 PM

If I was making $1 Billion a year, I would still take a $10 Billion buy out.

WTF!

Well..................maybe not.
After you make $1 Billion do you really need any more money??

- LOL - · 04-17-2011, 08:36 PM

Quote:

Originally Posted by GTS Mark

It absoluely blows my mind how much money some of these companies are turning down.

i wonder who is more stupid, Twitter for turning down $10b or Google thinking it's worth that much

V_RocKs · 04-17-2011, 08:42 PM

I'd have sold... bought a major league team.

marcop · 04-17-2011, 09:11 PM

Quote:

Originally Posted by - LOL -

i wonder who is more stupid, Twitter for turning down $10b or Google thinking it's worth that much

billywatson · 04-17-2011, 09:20 PM

I love Twitter -- not for the information I share, but for the information I receive...and I don't mean mindless tweets for porno girls. It's the most streamlined, filtered, and direct way I've ever experienced getting all the information I need about pretty much all the things that matter to me.

The next mySpace? Twitter has run its course?

I disagree.

will76 · 04-17-2011, 10:21 PM

Quote:

Originally Posted by V_RocKs

I'd have sold... bought a major league team.

you could have bought several. Which makes you wonder... Is google spending any of that money on offline ventures. I wonder why they haven't purchased a major league sports team or other shit like that. They could have likely renamed the stadium "google arena" or "facebook field" etc. Surprised they sticking to just online stuff with that much dough to throw around, unless if i have missed some of their offline purchases.

WiredGuy · 04-17-2011, 11:13 PM

Twitter has almost non-existant revenue (compared to their large user base), they're fools for turning down such an impressive offer.
WG

Horny Dude · 04-17-2011, 11:20 PM

Dam, Google is getting turned down all over the place. Didn't they just get turned down by the guy who owns Groupon? How does Twitter even make it's money?

MaximX · 04-17-2011, 11:29 PM

Quote:

Originally Posted by Horny Dude

Dam, Google is getting turned down all over the place. Didn't they just get turned down by the guy who owns Groupon? How does Twitter even make it's money?

Yeah, I thought I heard something about Groupon turning down 25 billion. My girlfriend got some good deals on wine from groupon.

2MuchMark · 04-17-2011, 11:43 PM

Stupid on both sides.

What kind of idiot turns down $10B for ANYTHING? As if he will live long enough to spend it? As if $10B is somehow "not enough". What an ass.

Kelli58 · 04-17-2011, 11:48 PM

Twitter isn't exactly going broke here. Google and Microsoft each pay them $25 million a year for the privileged and indexing their tweets and that's only one of the many possible revenue streams they have.

kane · 04-17-2011, 11:50 PM

Wow. I would have sold in a heartbeat. I have to assume this will eventually come back to bite them. Unless they have something in the works to hugely improve the service I don't see it getting a hell of a lot bigger than it already is so you would assume the value can't go up much from there.

Nathan · 04-18-2011, 12:06 AM

Getting an offer from Google is a good sign to be able to IPO on their own.

Also, Twitter is the only social network that has managed to integrate advertising inside its social fabric. Not a single other social site has managed to do so.

bbobby86 · 04-18-2011, 12:38 AM

how they can turn down this offer...?

rowan · 04-18-2011, 12:46 AM

Many of you are talking about $10B being a mind blowing number. For an individual to have that amount in cash hit their bank account, yes it is, but we're talking about a company with multiple founders and investors who all have a claim to that $, not to mention the lawyers fees, potential losses in value or SEC issues if part of the payment is in stock, etc. So it's not just one lucky guy living in his mother's basement waiting for a big payday.

DamianJ · 04-18-2011, 01:13 AM

Quote:

Originally Posted by JustDaveXxx

I would have taken the 10B and ran. Twitter has about ran its course.

The future = live search plus social graph. ie, I want a dentist. I search, I see 17 of my pals ALL recommend and use one dentist. I would, of course, go to the dentist recommended by my social graph.

Twitter hasn't started yet, imho.

k0nr4d · 04-18-2011, 05:42 AM

Quote:

Originally Posted by Rochard

For ten billion... I'd by myself my own island and staff it with nothing but sexy eighteen year chick bartenders.

That woudl get expensive, you'd have to replace them all once a year

HomerSimpson · 04-18-2011, 05:46 AM

suckers...
I would take the money and run...

nico-t · 04-18-2011, 05:48 AM

wow, what a bunch of retards....

Relentless · 04-18-2011, 06:08 AM

10B at 3% tax free is 300M every year net for all of eternity. 900K per day forever.
That has to be hard to say no....

$5 submissions · 04-18-2011, 06:26 PM

Quote:

Originally Posted by DamianJ

Twitter hasn't started yet, imho.

Exactly. The social graph is changing everything... even search. Crowdsourcing plus social graph plus bounce rate = the new SEO. Can still be faked but will be harder...

cherrylula · 04-18-2011, 06:31 PM

Quote:

Originally Posted by Nathan

Getting an offer from Google is a good sign to be able to IPO on their own.

Also, Twitter is the only social network that has managed to integrate advertising inside its social fabric. Not a single other social site has managed to do so.

Twitter is amazing.

Good for them. Why does Google have to own everything? I'm glad they didn't sell. The Googlization of the net needs to end at some point...

cherrylula · 04-18-2011, 06:32 PM

Quote:

Originally Posted by $5 submissions

Exactly. The social graph is changing everything... even search. Crowdsourcing plus social graph plus bounce rate = the new SEO. Can still be faked but will be harder...

I love it. Retards will be left behind.

(and I'm not talking about people with disability checks)

qwe · 04-18-2011, 06:39 PM

gatta love "i would take money and run" comments lol... it's a company not 10 people splitting billions

$5 submissions · 04-18-2011, 06:48 PM

Quote:

Originally Posted by qwe

gatta love "i would take money and run" comments lol... it's a company not 10 people splitting billions

More like VCs that actually hold the purse strings. Gotta hand it to the guys who run Twitter--it took lots of balls standing up to VC backers. Next agenda: IPO. For all we know, this hearsay just might be a run up to valuation rounds at investment banks underwriting this bad boy. Regardless of how you look at it, only 2 words come to mind: PIMP PIMP

$5 submissions · 04-18-2011, 07:05 PM

Someone mentioned Tumblr earlier. Please expand on it

kane · 04-18-2011, 07:28 PM

Quote:

Originally Posted by qwe

gatta love "i would take money and run" comments lol... it's a company not 10 people splitting billions

Sure, there are a lot of people who would get a piece of the pie, but lets just say you were one of those people and you only got 10%. That is $100 million dollars. That is still a lot of money to gamble because there is no way to know that you will ever get a better offer or that you will ever make enough profits from the site to make that much money.

Takes a lot of either courage and belief in ones self or arrogance and blind faith to turn that down.

qwe · 04-18-2011, 08:33 PM

Quote:

Originally Posted by kane

Sure, there are a lot of people who would get a piece of the pie, but lets just say you were one of those people and you only got 10%. That is $100 million dollars. That is still a lot of money to gamble because there is no way to know that you will ever get a better offer or that you will ever make enough profits from the site to make that much money.

Takes a lot of either courage and belief in ones self or arrogance and blind faith to turn that down.

what if they IPO it and company will be worth 50billion ont he market? besides they all rich already anyways

Agent 488 · 04-18-2011, 08:39 PM

lots of action on tumblr for certain niches and communities.

massive erotic photo community there, very active and passionate, generally untapped as the adult internet can only conceive of things on a paysite model basis.

will76 · 04-18-2011, 08:42 PM

Did anyone post how much twitter actually makes a year?

NetHorse · 04-18-2011, 09:54 PM

I'm calling bullshit on this, a rumor perhaps intentionally started to give the illusion that Twitter is more valuable than most assumed.

$10 billion dollars? No fucking way. Bullshit that Google would make that kind of offer in the first place, and even bigger bullshit an offer like that would get turned down.

baddog · 04-18-2011, 10:02 PM

Quote:

Originally Posted by Nathan

Getting an offer from Google is a good sign to be able to IPO on their own.

Getting that offer probably convinced them they could make more holding onto it. You would never see me again if I was given an offer like that.

Mutt · 04-18-2011, 10:23 PM

you only have to look at the ghost town of myspace to make you shake your head at any social media site turning down a $10B offer. Groupon did the same.

groupon's a piece of crap - fad. of course i wish that piece of crap was my idea

Porno Dan · 04-18-2011, 10:30 PM

Quote:

Originally Posted by JustDaveXxx

I would have taken the 10B and ran. Twitter has about ran its course.

I too would have taken the money, but Twitter has far from run its' course.

I was in Europe last week and it is just starting to catch on like wildfire over there.

It has become an information sharing source that has no equal.

Politicians, News Agencies, Professional Sports Teams etc.. all actively promote their twitter pages.

I have a feeling it is just going to keep growing and will reach 100 million users worldwide.

Barry-xlovecam · 04-18-2011, 11:46 PM

$10 Billion, if true, is a lot of money — what is twitter's net worth any idea?

halfpint · 04-18-2011, 11:48 PM

heres an intresting read on what they have done or not

http://www.guardian.co.uk/media/pda/...r-making-money

Premium accounts

What they said: Twitter co-founder Biz Stone said in August that the company would charge users for "premium accounts". In November, Stone said the plans were well on their way and that a pay-for-package offering that would include verified streams and analytics would launch by the end of the year.

What they've done: The company has not started charging for premium accounts. However, it has rolled out free business-friendly features like "contributors," which helps differentiate between multiple users of a single Twitter account.

Mobile deals

What they said: At our own EconSM conference, Kevin Thau, Twitter's director of mobile business development, said the company would make money from handset deals and also by getting some sort of cut of the carriers' data business.

What they've done: Twitter has dozens of relationships with carriers—financial details of which are unknown. The company did, however, link up with Peek in November to launch a $99 device designed for the frequent Tweeter.
Search

What they said: Thau also said at our conference that Twitter would monetise search "in some way".

What they've done: Twitter has since licensed its stream of Tweets to Microsoft, Google and Yahoo – which are all using the data to add real-time results from Twitter to their search engines. The Microsoft and Google deals alone are believed to be worth as much as $25m.

more on the link above

MrMaxwell · 04-21-2011, 06:26 AM

Quote:

Originally Posted by will76

everyone on here can't image how much that is.

Good post

04-17-2011, 07:25 PM	#5
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	I turned down $11 billion for Twidiots.com __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

04-17-2011, 07:35 PM	#8
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 74,290	For ten billion... I'd by myself my own island and staff it with nothing but sexy eighteen year chick bartenders. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

04-17-2011, 08:11 PM	#13
JustDaveXxx I AM JUSTDAVE ! Industry Role: Join Date: Feb 2005 Location: LA Posts: 4,111	I would have taken the 10B and ran. Twitter has about ran its course. __________________ Smut Peddler Productions.com ICQ #378-696-435 / / Skype: JustDaveXxx "We shoot custom, exclusive content your way"

04-17-2011, 08:13 PM	#14
blackmonsters Making PHP work Industry Role: Join Date: Nov 2002 Location: 🌎🌅🌈🌇 Posts: 20,645	If I was making $1 Billion a year, I would still take a $10 Billion buy out. WTF! Well..................maybe not. After you make $1 Billion do you really need any more money?? __________________ Get paid, get tools, get going with Camsoda Join Chaturbate get your cut of the pie

04-17-2011, 09:20 PM	#18
billywatson Confirmed User Industry Role: Join Date: Aug 2002 Location: The Valley o' Smut. Posts: 3,281	I love Twitter -- not for the information I share, but for the information I receive...and I don't mean mindless tweets for porno girls. It's the most streamlined, filtered, and direct way I've ever experienced getting all the information I need about pretty much all the things that matter to me. The next mySpace? Twitter has run its course? I disagree. __________________ We're Fabulous! PROTECT YOUR CONTENT on Twitter I Shoot Porn.

04-17-2011, 07:22 PM	#3
xsabn Confirmed User Industry Role: Join Date: Feb 2007 Location: 203-069-778 Posts: 2,815	nice offer

04-17-2011, 07:22 PM	#4
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	It absoluely blows my mind how much money some of these companies are turning down.

04-17-2011, 07:31 PM	#7
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Turning down 10b takes some heavy stones Most people on here can't imagine how much that even is

04-17-2011, 08:05 PM	#12
dave90210 Registered User Join Date: Mar 2007 Posts: 1,745	They're retards take the money and run, just like the Myspace founder. Tumblr is going to kick Twitters ass and Twitter is going to be the next Myspace

04-17-2011, 08:42 PM	#16
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,422	I'd have sold... bought a major league team.

04-17-2011, 11:13 PM	#20
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,486	Twitter has almost non-existant revenue (compared to their large user base), they're fools for turning down such an impressive offer. WG __________________ I play with Google.

04-17-2011, 11:20 PM	#21
Horny Dude Earn enough to buy coffee Industry Role: Join Date: May 2002 Location: San Diego, Ca. Posts: 4,913	Dam, Google is getting turned down all over the place. Didn't they just get turned down by the guy who owns Groupon? How does Twitter even make it's money? __________________

04-17-2011, 11:43 PM	#23
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 49,481	Stupid on both sides. What kind of idiot turns down $10B for ANYTHING? As if he will live long enough to spend it? As if $10B is somehow "not enough". What an ass. __________________ Custom Coding \| Videochat Solutions \| Age Verification \| IT Help & Support www.2Much.net

04-17-2011, 11:48 PM	#24
Kelli58 Confirmed User Industry Role: Join Date: Aug 2006 Location: Texas Posts: 2,142	Twitter isn't exactly going broke here. Google and Microsoft each pay them $25 million a year for the privileged and indexing their tweets and that's only one of the many possible revenue streams they have. __________________ Kandy AI 🍭🍬 Find yourself a sweet Internet girlfriend 🍭🍬

04-17-2011, 11:50 PM	#25
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	Wow. I would have sold in a heartbeat. I have to assume this will eventually come back to bite them. Unless they have something in the works to hugely improve the service I don't see it getting a hell of a lot bigger than it already is so you would assume the value can't go up much from there.

04-18-2011, 12:06 AM	#26
Nathan Confirmed User Industry Role: Join Date: Jul 2003 Posts: 3,108	Getting an offer from Google is a good sign to be able to IPO on their own. Also, Twitter is the only social network that has managed to integrate advertising inside its social fabric. Not a single other social site has managed to do so. __________________ "Think about it a little more and you'll agree with me, because you're smart and I'm right." - Charlie Munger

04-18-2011, 12:38 AM	#27
bbobby86 partners.sexier.com Industry Role: Join Date: Jan 2007 Location: San Francisco, CA Posts: 11,926	how they can turn down this offer...? __________________

04-18-2011, 12:46 AM	#28
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Many of you are talking about $10B being a mind blowing number. For an individual to have that amount in cash hit their bank account, yes it is, but we're talking about a company with multiple founders and investors who all have a claim to that $, not to mention the lawyers fees, potential losses in value or SEC issues if part of the payment is in stock, etc. So it's not just one lucky guy living in his mother's basement waiting for a big payday.

04-18-2011, 05:46 AM	#31
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	suckers... I would take the money and run... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

04-18-2011, 05:48 AM	#32
nico-t emperor of my world Join Date: Aug 2004 Location: nethalands Posts: 29,903	wow, what a bunch of retards....

04-18-2011, 06:08 AM	#33
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,697	10B at 3% tax free is 300M every year net for all of eternity. 900K per day forever. That has to be hard to say no.... __________________ Website Secure \| Engine Food ICQ# 266-942-896

04-18-2011, 06:39 PM	#37
qwe Confirmed User Join Date: Jul 2003 Posts: 2,109	gatta love "i would take money and run" comments lol... it's a company not 10 people splitting billions

04-18-2011, 07:05 PM	#39
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Someone mentioned Tumblr earlier. Please expand on it __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

04-18-2011, 08:39 PM	#42
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	lots of action on tumblr for certain niches and communities. massive erotic photo community there, very active and passionate, generally untapped as the adult internet can only conceive of things on a paysite model basis.

04-18-2011, 08:42 PM	#43
will76 Making $$$$ w/ ClickCash Industry Role: Join Date: May 2003 Location: USA Posts: 18,037	Did anyone post how much twitter actually makes a year? __________________ ICQ: 86364801 Email: will [at] innovativeassets [dot] com PROGRAM SHIT LIST - DO NOT PROMOTE (click link for gfy thread) FNCash \| Media Revenue

04-18-2011, 09:54 PM	#44
NetHorse Confirmed User Industry Role: Join Date: Dec 2006 Location: Chicago Posts: 3,526	I'm calling bullshit on this, a rumor perhaps intentionally started to give the illusion that Twitter is more valuable than most assumed. $10 billion dollars? No fucking way. Bullshit that Google would make that kind of offer in the first place, and even bigger bullshit an offer like that would get turned down. __________________ ┌∩┐(◣_◢)┌∩┐ ICQ # 427013273 Last edited by NetHorse; 04-18-2011 at 09:59 PM..

04-18-2011, 10:23 PM	#46
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	you only have to look at the ghost town of myspace to make you shake your head at any social media site turning down a $10B offer. Groupon did the same. groupon's a piece of crap - fad. of course i wish that piece of crap was my idea __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

04-18-2011, 11:46 PM	#48
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	$10 Billion, if true, is a lot of money — what is twitter's net worth any idea?

04-18-2011, 11:48 PM	#49
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	heres an intresting read on what they have done or not http://www.guardian.co.uk/media/pda/...r-making-money Premium accounts What they said: Twitter co-founder Biz Stone said in August that the company would charge users for "premium accounts". In November, Stone said the plans were well on their way and that a pay-for-package offering that would include verified streams and analytics would launch by the end of the year. What they've done: The company has not started charging for premium accounts. However, it has rolled out free business-friendly features like "contributors," which helps differentiate between multiple users of a single Twitter account. Mobile deals What they said: At our own EconSM conference, Kevin Thau, Twitter's director of mobile business development, said the company would make money from handset deals and also by getting some sort of cut of the carriers' data business. What they've done: Twitter has dozens of relationships with carriers—financial details of which are unknown. The company did, however, link up with Peek in November to launch a $99 device designed for the frequent Tweeter. Search What they said: Thau also said at our conference that Twitter would monetise search "in some way". What they've done: Twitter has since licensed its stream of Tweets to Microsoft, Google and Yahoo – which are all using the data to add real-time results from Twitter to their search engines. The Microsoft and Google deals alone are believed to be worth as much as $25m. more on the link above __________________ Get FREE website listings on Cryptocoinshops.net Last edited by halfpint; 04-18-2011 at 11:52 PM..