Twitter Raises Their Valuation Right Before Going Public…

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Twitter has increased their value, at least on paper.

They have raised their projected IPO price to $23 – $25, up from the previously projected $17 – $20.

This raises their valuation to somewhere around $11.4 billion.

An initial 70 million shares will be available. Trading is scheduled to begin on the New York Stock Exchange on Thursday.

Twitter’s plan to generate profit includes TV integration and bringing in new users.  For now, the plan doesn’t seem to include #Music, at least in the fashion first conceptualized.

5 Responses

  1. TuneHunter

    If Twitter goes for 10 billion than Shazam with almost 400 million user is worth over 50 billions!

    Shazam can sale actual product not just ads or temporary religion.
    Music industry executors have to go back to basics – best resources are screwed while free or almost free streaming is applauded.

    Reply
      • TuneHunter

        Currently Shazam ofers free tune ID, once you have that information you got a free tune!
        Just go to YouTube or any pirate site.
        It keeps all the music in the open and only very honorable or stupid folks pay for music.
        Shazam and all other ID services should be converted to “sale only” mode – this would kill large portion of piracy and provide first ever real cash to Shazam and also musicians.

        Reply
        • TuneHunter

          You are correct but there is free Shazam for all (paid and free) users of Spotify. Addition to your Spotify playlist makes you an owner without any toll.

          Reply
          • Nina Ulloa

            So you want people to pay to find out what a song they hear is? That’s a huge hit to artist marketing right there. In my opinion that would be even worse for artists than Spotify or Pandora or whatever.

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