Friday, December 24, 2010

FT.com / Technology - Investor rush for Facebook and Twitter

Interesting times

The implied value of Facebook leapt by 50 per cent in the past five months, while the value of Twitter more than doubled as secondary market investors bid up shares of Silicon Valley’s fastest growing private companies.

[…]

In the past five months, the implied valuation of Facebook, the social networking site, has risen from $26.4bn to as much as $41.2bn. Twitter, the instant messaging service, has more than doubled in value during that time to $3.7bn. The value of Groupon more than trebled to $4.8bn after Google sought to acquire the coupons site.

FT.com / Technology - Investor rush for Facebook and Twitter

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