Sunday, April 5, 2009

The $250m Twitter question

The Internet is awash with rumours that Google is wanting to Twitter and ready to pay about $250m. While the credit crunch may be hitting some parts of the world, it looks as if Twitter make fly off to yet new heights if the tie up with Google comes off. Twittering could become as mainstream as blogging.

For those of us yet to join the rush to Twitter and not quite sure what to use it for I was glad to find this guide on the benefits for the PR industry:
Is Twitter really worth $250m? How do we really find the value of Internet-based busineses? Tomorrow we will be flying elsewhere and $250m is a lot of cash for just a quick touchdown. Friends Reunited seems old hat today but ITV bought it for £120m (then $208m) back in December 2005.
So what is the next big thing? Well, if I knew the answer to that then I could be $250m richer.

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