Twitter Now Worth $4 Billion

Twitter’s market value has reached $4 billion just a month after it raised $200 million in funding.

According to SharesPost, a secondary market for buying and selling stock in privately held companies, Twitter‘s value has jumped to $4 billion, based on recent transactions. That is a $300 million increase in value in just over a month, based on the $3.7 billion valuation set by its funding round in December. Kleiner Perkins Caufield & Byers led Twitter’s most recent round of funding.

Twitter’s market capitalization will likely continue to rise in the near future. Several recent stock purchases on the private markets imply that Twitter’s value is more than $6 billion. While these smaller transactions aren’t a definitive basis for defining Twitter’s value, they are a benchmark that can help determine whether a private company’s value is trending up or down.

Facebook is still the king of private markets, though. While its most recent funding round valued the company at $50 billion, its value on the secondary markets has skyrocketed to $75 billion.

Google Me vs Facebook

Will Facebook ever have competitors?
Google is planing to create a new Social Network as Google Buzz never made it globally.
And we hope that Google Me will not be to Facebook as Google Buzz was to Twitter.
Google Me is planing to be a Platform just like Facebook where people will be able to share and communicate with each other just as people do on Facebook.
Surprise surprise, former CTO of Facebook has been put into this mayor project for Google, so we will see soon what is going to happen.
What we know is that if Google doesn't manage to compete at the same level with Facebook, it will only benefit Facebook.