I know I was sceptical when twitter first launched, but over time, the more i've used it the more i've found it of value.
What do you think, is twitter worth $10 billion?
I spent the last week trying to write a column that proved Twitter wasn't worth $10 billion. Then the facts intervened. Stubbornly, they arranged themselves into a most unexpected conclusion, one that seems almost blasphemy to type: Twitter has the potential to match some of the money-gushing properties of the Internet's greatest money gusher, Google Inc.Twitter's $10 Billion Valuation: Is it Worth It? [online.wsj.com]
Twitter isn't worth $10 billion if you benchmark it to its current financials. But that hardly matters now. The prime question is just how big Twitter can get—and how profitable.
$10 billion is a lot of money and I doubt from an investors standpoint that they would invest at that valuation. However as mentioned, it's not always about the current situation but more about potential and the questions is what Twitter can become?
I heard an interview with a successful entrepreneur the other day who stated that ALL his news originated from Twitter - both private and in his company. To many it has become the de facto source for news.