Friday, November 13, 2009

Twitter Worth About $600 Million

Buzz this

That is what NeXTt Up Research found out. To be exact, it has estimated Twitter’s valuation at the range of $526 million to $674 million.

According to Michael Moe, the man leading the research team, “based his figures on revenue opportunities in regions, publicly available documents, press releases and articles, and other criteria.” It was also estimated that Twitter currently has more than 70 million users.

Other interesting findings include Twitter’s revenue growth, which is predicted to be $114 million to $134 million in 2013, and $126 million to $148 million in 2014.

Surely, this amount of money wouldn’t be solely from its paid-service account that is rolling out at the end of this year.

Twitter’s business model is yet another big guesswork.

Source: USA Today, Image via pixmac