Twitter Is Now Worth Almost TWICE As Much As The New York Times
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Release time:2010-12-17
Browse:3620
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Twitter's new financing round gives the company a $3.7 billion valuation.
That's almost twice as much as the New York Times, which has an enterprise value of $2 billion today.
There is an obvious difference: The New York Times Company value is based on a public stock, which anyone can purchase, while Twitter's valuation is based on a private round of financing that individuals couldn't participate in.
But, in theory, at least, Twitter is now worth twice as much as the Times. Wow!
Source from Business Insider
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