How much is Twitter worth?  Apple rumored to have made $700 million offer last year

iTunes & App Store“Only in the bubble of Twitter-obsessed San Francisco would a buyout offer of $2.5 billion seem ‘insulting,'” Sid Yadav reports for VentureBeat. “Yet that is reportedly how executives at the microblogging startup saw an informal offer from Google and a larger offer of $4 billion from another bidder earlier this year.”

“Facebook previously made Twitter an all-stock offer of $500 million in 2008,” Yadav reports. “Apple also may have made an offer of $700 million, going as far in its due diligence as interviewing some key technical employees, last year, according to unconfirmed reports that were roundly dismissed at the time. Now that Apple has launched its own social network, Ping, and partnered with Twitter, though, those reports of Apple’s interest make far more sense.”

Yadav reports, “Everyone wants in on Twitter’s precious tweets, it seems. And the price tag keeps rising.”

Full article here.

34 Comments

  1. I still wait for the day when Apple gives us the possibility to turn off ALL fuckn social network in preferences. I don’t want to be reminded of that FaceBook shit everywhere, like in iTunes. And please save us from Twitter.
    Now, why can’t Apple instead implement/invest in technologies that actually make sense, like, say, Delicious, SimilarWeb, VisualThesaurus, Quicksilver, Stumbledupon or Pandora? I mean, it’s almost 2011, and there’s till no decent way to sort bookmarks or [sigh…] using (meta)tags on a system level.

  2. Someone, somewhere thought AOL/Time Warner was a good deal. Twitter ought to take the money and run. People eventually will get tired of tweeting or facebooking every move they make and will begin to question why we ever gave up so much of ourselves over to the web. When that happens Twitter as well as facebook will end up like AOL and MySpace and fade into the background. You hear rumblings of it now as regular people and celebrities alike publicly and privately close their accounts.

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