Monday, November 24, 2008 2:15 PM
by
stevecla01
Is Twitter worth $500m?
Wow…quite a story from Kara Swisher today that Facebook was interested in buying Twitter for $500m. Okay, I love Twitter as much as anyone but $500m is a big chunk of cash for something that isn’t making money at the moment. That’s not to say that it couldn’t and I think the only way Twitter is going is up but in the current climate, that’s a big wedge.
Personally I think Twitter is right to hold out but hope it’s all a big game of Russian roulette.