What’s the Street Price of Twitter?

I think that the field of social media is one of the cooler places that today’s technology is heading. Websites like Twitter are great tools and have already been proven to be beneficial. Techcrunch.com questioned in an article recently, “How much does Twitter cost?” The answer was rather interesting.

According to the article, the current street value of a share of any series of Twitter stock is at least $7 per share, which is a fair price for transactions of at least $1 million. With 225 million shares, that is approximately $1.575 billion for this year. The article went on to say that there are less Twitter employees with stock than compared to Facebook, but the demand is in the market.

Officially Twitter was last valued at $1.1 billion. I find this very interesting because for the most part the company is still effectively revenue-free.

Looking at Twitter from a monetary point of view makes me even more interested in social media. My generation lives in a lucky time where the whole industry of media is growing and changing and we have the opportunity to start work in a field such as social media and work our way up. 

http://techcrunch.com/2010/10/27/whats-the-street-price-of-twitter-nearly-1-6-billion/