Could Twitter Go Public?
September 29, 2009 by Joe Lawrence
Recently, sources have revealed investors are dumping large amounts of money into Twitter. There has been much speculation and rumors that Twitter.com could be prepping for an IPO. Why else would companies dump $100 million into a company with zero revenue?
According to Bloomberg.com, the company is believed to be valued at $1 billion. The only rationale for valuing the company this high is if they are ready to unleash a massive revenue plan or if they are going public. Either strategy would require some type of plan to make some money for this social media company. The traffic is there...
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