GSV Capital’s Investment Valued Twitter At $9.8 Billion

Posted on May 12 2013 - 12:01pm by Editorial Staff

An interesting number has come through via GSV Capital’s investment that the micro-blogging giant having a value of approximately $9.8 billion, although in real the numbers are actually lower when compared from last year, Bloomberg reports.

GSV Capital owes 1.9 million Twitter shares values at $18.50 per share or $35.2 million in total, as per the May 8 filing. On calculating this on total count of 530 million counts, the total valuation of Twitter comes as about $9.8 billion.

Not a second thought, with the way the 140-character micro-blogging service from time-to-time bringing a huge impact out in market. The company is becoming more valuable as thanks to its boosting revenue from advertising and now a move closer to a predicted IPO.

More on the way and we will be covering every moment of it, so stay tuned.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.