Twitter co-founder Biz Stone has rejected the IPO rumors and widely reported notion that the popular microblogging site is in talks to sell a 10% stake to JPMorgan Chase for $450 million — which would have jacked up the site’s…
That’s the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook’s 26 — or Google’s 8.7. And Twitter’s growth may…
That’s the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook’s 26 — or Google’s 8.7. And Twitter’s growth may…
Amid rumors that Twitter is considering pursuing another round of venture funding, the microblogging site’s co-founder Evan Williams said his company has “a lot of money in the bank,” and that its advertising efforts are paying…
Twitter CEO Evan Williams is stepping down from the top job at the microblogging service to direct product strategy. Chief Operating Officer Dick Costolo, a successful entrepreneur and former Googler, will assume CEO duties.
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