Twitter apparently raises $20M, proving that indeed, greed is a stronger force than fear. Going into the week, rumor had it the company was looking to do a $60M pre-money valuation… others said it might go as high as $150M… since we’re playing with monopoly money, let’s just cut down the middle and suppose it was a $100M deal (pre-money, post-money, who cares about now, right?)
Anyway, let’s say this not being a first financing round, VC will want a more modest 5-10x (instead of the 100x dream or 1x salvage), that’s a $500M to $1B exit.
My only major concern, apart from all of the ones listed here, is, with Facebook’s Status Tool, does Twitter really have a chance to go super mainstream? I mean… are those two features not one and the same?
I wonder what portion of that $20M will go to anti-spam tools.
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WatchMojo NewsletterI am watching a video on CNN… yet I can’t embed it anywhere. Why not? Given that CNN is part of Time Warner, and Time Warner has spend billions on AOL, Quigo, Advertising.com, LightningCast, etc., I cannot understand why Time Warner would not open up their massive content archive and let their extensive ad platforms - hum, remember Platform A? - cross-polinate with one another to generate more revenues?
LightningCast of note is supposedly some big ad video network, which AOL bought and bundled into Advertising.com, which is now central to Platform A… llegedly.
Just wondering.
Sometimes, I think that being part of a big media would be great because you can do all of these things to unleash value, but then I realize that being independent allows us to do so much, and not have these silos divide a company’s growth and execution.
Just saying.
