Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Your new post is loading...
Scoop.it!
From
qz
"Twitter started trading on the NYSE at a price of $45.10 a share, which is 73% above the IPO price of $26 that was set by the company " 
No comment yet.
Sign up to comment
|
Scoop.it!
"NEW YORK (Reuters) - Google Inc and Facebook Inc, plus others, have held low level takeover talks with Twitter that give the Internet sensation a value as high as $10 billion, the Wall Street Journal reported."
Marc Rougier's insight:
No deal so far. But clearly a milestones for the Social Web. Shanghai Web Designers had this great infographic "What's happening on the web in 60 sec". E.g.: 694,445 queries on Google, 695,000 status updates on Facebook, 98,000 tweets.
|
Huge success (its IPO valued Twitter $30b+). As a multiple of sales, it's more than Facebook. 1600 Twitter's employees will become millionaires and the government pockets $2b+ in taxes.
Some believe that the price is too high, but we at Scoop.it ran a survey [infographics] and found that, relative to its interest to Small and Medium Businesses, Twitter is cheaper than Facebook or LinkedIn! The sure thing is, this simple concept of 140 characters communication changed how we consume information and therefore, the world we live in.
Another mindblowing event in the digital economy this month: Evan Spiegel saying no to Facebook $3B offer for Snapchat.
Oh, the photo in this post is not Twitter nor Snapchat related. This is the famous Three Studies of Lucian Freud by Francis Bacon. This November, it sets a new world record price for an art work at an auction, at a mesmerizing $142m.