They said the valuation of Twitter doubled from last year to this.... does anyone know if the shares in SecondMarket increased by the same % as well? If not.. then why not? They don't want "normal people" to get rich? Just the insiders?
Twitter Closing $800M Funding Round at $8 Billion Valuation
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Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#32They said the valuation of Twitter doubled from last year to this.... does anyone know if the shares in SecondMarket increased by the same % as well? If not.. then why not? They don't want "normal people" to get rich? Just the insiders?
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#33Earlier quoted context omitted.
Because they don't need to? You know, if you could get 800M$ who cares about revenue? They are getting money while they can before the bubble burst, the early investors are getting money selling to a greater fool and the greater fool are putting money over the table betting someone else will be even bigger fool. Facebook is profitable but "not that profitable", they need to be much much more profitable at the current…
"This time is different" because people have learned a lot from the first bubble. For the most part, investors are people who really understand the economics of technology, the economics of the deal and the mistakes of the past. I think there is a long way to go before any major burst. Granted with the amount of hype in the market and massive over-subscriptions (i.e. greed) there's bound to be a correction at some po…
Most people are already out of work or under-employed.
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#34how sick is this? A company that had already raised north of 300 million and had never even made half as much in revenue gets... another 800 million? what for? how ridiculous is this?
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#35$8B is still in the acquisition range. Google was ready to pay $6B for Groupon. The next round (if ever) will make twitter un-acquirable. IPO, lower valuation or die.
well to be fair Groupon was actually generating cash...Twitter generates god knows what
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#36Earlier quoted context omitted.
"This time is different" because people have learned a lot from the first bubble. For the most part, investors are people who really understand the economics of technology, the economics of the deal and the mistakes of the past. I think there is a long way to go before any major burst. Granted with the amount of hype in the market and massive over-subscriptions (i.e. greed) there's bound to be a correction at some po…
The only reason it won't be as bad is because not that many people are employed by these companies this time. Most people are already out of work or under-employed.
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#37Earlier quoted context omitted.
ok, but do they really need 800 million (or 400 million) to turn backtype and other companies and/or ideas into a working business?
I think they do need this amount of money in order to stay competitive with the big guys Google and Facebook. They could be more easily outbid in acquisitions if they weren't competitive with capital.
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#38Earlier quoted context omitted.
The only reason it won't be as bad is because not that many people are employed by these companies this time. Most people are already out of work or under-employed.
That's not true. My understanding was that the dot-com bubble was primarily a result of naive investment in technology. My point was that investors today are way more sophisticated when it comes to tech, therefore, they won't be blindly betting on every internet or mobile company. Venture Hack's Naval Ravikant describes the bifurcation of the funding situation in technology, where there is a long-tail of companies in…
The burst will not be as devastating simply because not as many people are directly involved.
I am still using eBay and Amazon, and even Yahoo is still around (which acquired Viaweb).
Do you honestly think Twitter is worth $8 billion dollars without a business model?
Please, read this book:
http://www.amazon.com/Exit-Strategy-Douglas-Rushkoff/dp/1887...
Re: Twitter Closing $800M Funding Round at $8 Billion Valuation
#39Earlier quoted context omitted.
Because Twitter is innovative, while Facebook is just f'in huge?
That's ridiculous. Facebook is incredibly innovative as well, even more-so than Twitter. They're solving huge scalability problems that nobody else has encountered before.
Twitter is a new kind of messaging service. How to monetize that is not so clear.