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-   -   Twitter turned down a $10 BILLION buyout offer from Google (https://gfy.com/showthread.php?t=1018829)

qwe 04-18-2011 08:33 PM

Quote:

Originally Posted by kane (Post 18068445)
Sure, there are a lot of people who would get a piece of the pie, but lets just say you were one of those people and you only got 10%. That is $100 million dollars. That is still a lot of money to gamble because there is no way to know that you will ever get a better offer or that you will ever make enough profits from the site to make that much money.

Takes a lot of either courage and belief in ones self or arrogance and blind faith to turn that down.

what if they IPO it and company will be worth 50billion ont he market? besides they all rich already anyways

Agent 488 04-18-2011 08:39 PM

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will76 04-18-2011 08:42 PM

Did anyone post how much twitter actually makes a year?

NetHorse 04-18-2011 09:54 PM

I'm calling bullshit on this, a rumor perhaps intentionally started to give the illusion that Twitter is more valuable than most assumed. :2 cents:

$10 billion dollars? No fucking way. Bullshit that Google would make that kind of offer in the first place, and even bigger bullshit an offer like that would get turned down.

baddog 04-18-2011 10:02 PM

Quote:

Originally Posted by Nathan (Post 18065606)
Getting an offer from Google is a good sign to be able to IPO on their own.

Getting that offer probably convinced them they could make more holding onto it. You would never see me again if I was given an offer like that.

Mutt 04-18-2011 10:23 PM

you only have to look at the ghost town of myspace to make you shake your head at any social media site turning down a $10B offer. Groupon did the same.

groupon's a piece of crap - fad. of course i wish that piece of crap was my idea :)

Porno Dan 04-18-2011 10:30 PM

Quote:

Originally Posted by JustDaveXxx (Post 18065308)
I would have taken the 10B and ran. Twitter has about ran its course.

I too would have taken the money, but Twitter has far from run its' course.

I was in Europe last week and it is just starting to catch on like wildfire over there.

It has become an information sharing source that has no equal.

Politicians, News Agencies, Professional Sports Teams etc.. all actively promote their twitter pages.

I have a feeling it is just going to keep growing and will reach 100 million users worldwide.

Barry-xlovecam 04-18-2011 11:46 PM

$10 Billion, if true, is a lot of money — what is twitter's net worth any idea?

halfpint 04-18-2011 11:48 PM

heres an intresting read on what they have done or not

http://www.guardian.co.uk/media/pda/...r-making-money

Premium accounts

What they said: Twitter co-founder Biz Stone said in August that the company would charge users for "premium accounts". In November, Stone said the plans were well on their way and that a pay-for-package offering that would include verified streams and analytics would launch by the end of the year.

What they've done: The company has not started charging for premium accounts. However, it has rolled out free business-friendly features like "contributors," which helps differentiate between multiple users of a single Twitter account.

Mobile deals

What they said: At our own EconSM conference, Kevin Thau, Twitter's director of mobile business development, said the company would make money from handset deals and also by getting some sort of cut of the carriers' data business.

What they've done: Twitter has dozens of relationships with carriers—financial details of which are unknown. The company did, however, link up with Peek in November to launch a $99 device designed for the frequent Tweeter.
Search

What they said: Thau also said at our conference that Twitter would monetise search "in some way".

What they've done: Twitter has since licensed its stream of Tweets to Microsoft, Google and Yahoo – which are all using the data to add real-time results from Twitter to their search engines. The Microsoft and Google deals alone are believed to be worth as much as $25m.


more on the link above

MrMaxwell 04-21-2011 06:26 AM

Quote:

Originally Posted by will76 (Post 18065286)
everyone on here can't image how much that is.

:1orglaugh Good post

elmy 04-21-2011 06:34 AM

that is a fucking business :)


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