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Twitter rejects $500 million takeover offer from Facebook

(6 posts)

Topics: FACEBOOK , TWITTER

by Daba 18049 Posts Ready to get things pooping 10 months ago	3 years, 2 months ago Facebook offered to buy Twitter for $500 million of overvalued Facebook stock, Kara Swisher says. Twitter rejected the offer for several reasons: At Facebook's real valuation, $5 billion or so, the offer only amounted to $150 million (not bad for two-year old company with no revenue, but a far cry from the billion-dollar dream) Twitter has high hopes for its own secret revenue model.... http://www.alleyinsider.com/2008/11/twitter-rejects-500-million-takeover-offer-from-facebook
by EStan 386 Posts Feelings are boring kissing is awesome 1 year, 3 months ago	3 years, 2 months ago It'll be interesting to see if they can actually make money off this. Some people are saying Twitter will eventually have to sell data if they want to make money.
by Daba 18049 Posts Ready to get things pooping 10 months ago	3 years, 2 months ago I saw a post somewhere that said Twitter was looking at selling ads that showed up in people's Tweets. Ouch.
by rjeezy 2 Posts Flipped upside down and dumbfounded. 3 years, 2 months ago	3 years, 2 months ago That "secret revenue model" will surely falter. Noone makes dough without selling or sharing data, somehow, someway rjeezy
by Bob 1407 Posts Back? 9 months, 2 weeks ago	3 years, 2 months ago I have a "secret revenue model." Where's my stock?
by Trackrabbit 960 Posts Can hear a collective rumbling in America. 3 years, 2 months ago	3 years, 2 months ago Rick Sanchez woulda been all over that.

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