Twitter evaluation $3 g after $200 M financing round (Information Week)

Twitter has a domed financial war chest after Kleiner Perkins Caufield & Byers has reported that he led the 200 million fourth round of funding from venture capital to growing social networking phenomenon.

The new values investment Twitter to 3.7 billion, which is more than three times its value, a few months ago. The new infusion of money means that the company can continue its aggressive hiring and had to float a PIT in the foreseeable future.

Investment is something of a departure for Kleiner Perkins, who has recently focused on alternative technology. It also represents a return to more traditional technological investments, after his legendary success investing in Google, Amazon, Genentech, Juniper Networks and Sun Microsystems, to name a few of its investments successfully.

140 Characters "Twitter tweets" took the social networking world by storm, and there is a consensus among the first users its usefulness is that start. Twitter also named Mike McCue and David Rosenblatt, successful entrepreneurs, to its Board of Directors. Former CEO of DoubleClick, Rosenblatt sold that company to Google for $ 3.2 billion. MCue supplier of speech recognition TellMe sold to Microsoft for $ 800 million. McCue also conducts Flipboard, Kleiner Perkins helps create formats magazines for iPad Apple investment.

"We privileged and excited Twitter lead investor's most recent round investments" Kleiner Perkins said in a statement e-mailed to Bloomberg news. "We expect to help the company to become the next great Treasury Internet."

Investment firm follows in the wake of naming Mary Meeker venture capital firm Morgan Stanley Internet analyst as a partner.

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Olbermann suspends Twitter page after... (Feed Digest)

Michael Angeles Moore.Los REUTERSFilmmaker - Keith Olbermann suspended its account Twitter Thursday after receiving a barrage of tweets wrath in the wake of an interview with Michael Moore two days earlier. "Countdown with Keith Olbermann" MSNBC host Moore spoke filmmaker decision contribute $ 20,000 to bail to Julian Assange, the founder of WikiLeaks accused of sexual crimes. Moore told Olbermann Assange is a "pioneer in freedom of expression" to display thousands of secret Pentagon documents on wars and Afghanistan Iraq on the Internet. Then Moore suggested that the arrest of Assange was a plot of Government to smear. "This thing m2 to high heaven," said Moore. "Load is the condom broke during consensual sex," Moore added. "" "". "This is a whole bunch of EH as I fear". Assange was arrested in Sweden after two women accused of rape. In both cases, women reported that the Act began as consensual, but they changed their minds after a condom broke one and the other after a condom "was no longer in use", as the New York Times put it. Exchange between Moore and Olbermann has caused a storm of tweets wrath, suggesting Olbermann and Moore were too flippant when discussing charges Assange raped two women. Many of the tweets were no doubt with the permission of Tigerbeatdown.com, started a campaign online shame Moore for his 'apologism rape. " It also takes Olbermann to task for re-tweeting a link to a story that identifies women who accuse them of rape Assange their. Olbermann blocked tweets Tigerbeatdown, their unlocked, then stated that it has been done with Twitter, for now, anyway. "I will unlock all blocks, wish you a Merry Christmas and I will suspend the account until / if this frenzy is stopped," he tweeted on Thursday. Olbermann did not respond to a request. -Reuters

With Twitter Deal Kleiner Perkins Spends for stamp (Giga OM)

It was a time when white shoes business venture, Kleiner Perkins Caufield & Byers, was money first hot new business creation which defines the categories. Nowadays, it seems that do so, the company Canada road is best can try edge its way into hot Internet start-up to a massive premium. A good example is the recent funding for Twitter. VOLATILE leads an investment of 200 million towers which platform values the rapid growth of social information, Twitter a sum exorbitant 3.7 billion. At this price, assuming that some, if not all previous investors participated in the round, volatile obtained between 4 and 5 percent of Twitter.

Now perhaps main partner of the volatile John Doerr would pull a comment archives. He said that "I rarely paid so much for so little of a company," when referring to the beginning of the volatile investment in Google. And at a time when the volatile was a real kingmaker Internet.

But this is not the first time, the firm has contributed to a piece of warm startup. Even if the company speaks its Zynga connection, he had to spend big to crush this party. The company recently launched sFund 250 million (Social Fund), a way for them to a foot in quick resume the digital media industry movement and social.

It is a striking contrast to the days when he supported Sun Microsystems, Genentech, Compaq, Netscape, Amazon, Google and @ home networks - companies that defines their categories but also created entire industries. The new social revolution has adopted the mantle of investor uber on Fred Wilson based in New York Union Square Ventures (Twitter, Etsy, Foursquare) and Accel Partners (including investments include Facebook and General).

As an investor, it must be at the beginning of tracking trends, particularly in the field of the Internet, where things morph to reduce speed. Talk of the third wave in 2010 is the kind of suddenly discover Lady GaGa today.  But volatile is not much choice. As we wrote earlier, volatile takes a hairpin turn sharp hair high speed is trying to change its impetus for Internet and digital media investment-specific technology investment. Hiring Mary Meeker was the right move, now with Twitter, investment fund is betting that it will regain its stamp?

Nevertheless, to Twitter, this money is going to be useful, especially it has tried to expand its footprint and takes a much more important role. The San Francisco-based company is growing at a great clip, but it must devote to its scaling and at the same time solve the dilemma of a business model. He was not properly understood where sales (and profits) will come.

Yesterday, Erick Schonfeld has pointed out that Twitter could be seen a slower growth in United States, who is not a good sign, whereas the United States (and Europe) continue to be the Internet markets only monetizable. Twitter, I wrote earlier, will see significant growth in emerging economies of the Internet as the India, the Brazil and the Indonesia in the coming years, which is not enough for businesses in the United States monetizable.

However, as long as there are people looking to spend heavily to hang with the cool kids, trio of Twitter co-founder Evan Williams, Biz Stone and CEO Dick Costolo do not have much to worry about.

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Twitter funding values society to 3.7 billion (Reuters)

Twitter CEO Evan Williams spoke to a conference press such as the website Twitter.com is launched in San Francisco, California on 14 September 2010.

Credit: Reuters/Robert GalbraithBy Alexei Oreskovic

SAN FRANCISCO | Wednesday, December 15, 2010 5: 24 pm EST

SAN FRANCISCO (Reuters) - Twitter raised $ 200 million in funding in a deal that values society microblogging to 3.7 billion, less than a year after that he began his first serious efforts to make money.

Investment from the Silicon Valley Kleiner Perkins Caufield & Byers venture capital firm and current investors, Twitter said.

The money will be used to Twitter grow the company, said in a post on his blog corporate Wednesday Twitter. Blog blog not specified and a spokesman declined to offer details.

Twitter, which was September, 175 million users is networking among new fast growing harvest Internet social services. Include Facebook and Zynga.

The company has added two new members of the Council - FlipBoard Director General Mike McCue and DoubleClick CEO David Rosenblatt.

Shifts are two months after the company four years provided the position of Chief Executive Dick Costolo, the architect of its advertising efforts, a sign that the money is a priority for the service.

Costolo told Reuters in May that Twitter provided to hundreds of advertisers for its system of advertising at the end of the year. He said previous assessment that $ 1 billion business meant that onus on Twitter to grow a business that can generate hundreds of millions of dollars in revenue.

Twitter had raised $ 160 million in four rounds of funding earlier.

AllThingsDigital first tours $ 200 million financing technology blog. Told that Kleiner Perkins fight global DST Russian investment firm. Twitter spokesman confirmed that the figures are accurate.

Twitter, which allows users to send messages text of 140 characters or Tweets disciples, is one of the most popular social networking Web and it is difficult for the Web services such as Google Inc. and Yahoo! Inc. established.

Investors watch service closely, hoping one day public shares of the company.

(Reported by Alexei Oreskovic.) Additional reporting by Jim Finkle. (Editing by Robert MacMillan)

Twitter trends top-tweeted's 2010 trumpeter (earthtimes)

San Francisco - the Gulf oil spill was the subject most tweeted on Twitter in 2010, social-news hit site announced Monday. Site, which limit display to 140 characters, she composed his ten top trends top year-round through the analysis of more than 25 billion tweets posted by users of the site $ 175 million. The World Cup took place number two and is also entitled to two other positions in top ten ranking through a mention to no. 5 for the famous vuvuzelas and tenth place for the game - Octopus predict Paul. The original film was in third place, followed by the earthquake in Haiti. Apple iPad took sixth place, followed by Google Android, Justin Bieber & Harry Potter and the Deathly Hallows. "2010 Twitter trends list reflects what is happening in our world, shows the power to transform any event or story in a shared experience and recognizes the value of Twitter as a network information in real time," the site said in announcing the list.
Posted by Earth Times staff