Hands-up if you’d like to sell your company for 100 times your projected earnings for 2011?
Sorry, it will…take a little…longer to…type this sentence…with just one hand.
Both Google and Facebook have discussed buying Twitter in the past and have kept their lines of communication open, people familiar with the matter said. One of these people said companies including Facebook and Google have expressed “latent interest” in an acquisition.
When it raised the $200m in December, Twitter’s valuation was only $3.7 billion. Now it appears that Google and Facebook are kicking around valuations anywhere between $8 billion and $10 billion.