Rumor has it that, until 3 weeks ago, Facebook was negotiating to buy Twitter for $500 million. According to TechCrunch, the $500 million comprised $100 million in cash and $400 million in stock, based on Facebook’s valuation at $15 billion.

Negotiations, however, ended 3 weeks ago. Among other things, Twitter had doubts about the value of Facebook’s stock and Facebook had concerns over Twitter’s burn rate and revenue earning potential.

Source: Robin Wauters, “Acquisition Dance Between Facebook And Twitter Over For Now?” TechCrunch, November 24, 2008

Close this WindowBookmark and Share This Page

Save to Browser Favorites

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BUMPzee! CiteULike co.mments Connotea del.icio.us

DotNetKicks Digg diigo dropjack.com dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com Furl

Google Hugg Jeqq Kaboodle kirtsy linkaGoGo LinksMarker Ma.gnolia Mister Wong Mixx MySpace MyWeb

Netvouz Newsvine PlugIM popcurrent Propeller Reddit Rojo Segnalo Shoutwire Simpy Slashdot Sphere

Sphinn Spurl.net Squidoo StumbleUpon Technorati ThisNext Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »

This entry was posted on Wednesday, November 26th, 2008 at 10:05 pm and is filed under Miscellaneous. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.