Twitter Now Worth $3.9 Billion

Twitter

Twitter

Twitter just received another round of financing, totaling $200 million from venture capitalists Kleiner Perkins Caufield & Byers. The new investment brings their total worth up to $3.9 billion. Twitter’s valuation comes from its value as a social graph, representing moods and trends of 8% of total Internet traffic and that is where the money is. Read the full story at NYTimes.com

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).