Google Wanted Twitter for about $2.5B: Source
SAN FRANCISCO - APRIL 14: Attendees mingle during a break at the first annual Chirp, Twitter Developer's Conference April 14, 2010 in San Francisco, California. Chirp, the Twitter Devloper's Conference is a two day event for developers who work with the popular social networking service. (Photo by Justin Sullivan/Getty Images)
Updated at 9:43 AM PST on Friday, Nov 19, 2010
Unmonetized and unable to live without, Twitter was courted by Google and Microsoft earlier this year, according to a repot at Silicon Alley.
Google is said to float $2.5 billion as a good starting point; Microsoft thought $4 billion was a nice, round number, apparently.
Now these were not formal offers, we're cautioned, but neither was Southwest Airlines when Herb Kelleher sat down in a bar, grabbed a napkin, grabbed a pen and -- bing -- the disruptive carrier was born.
Of course, with the way Silicon Valley brains move about, these -- and many more companies -- talk all the time. Still, with Twitter seeking a higher valuation, the two giants will surely be involved should "the Tweeter" be floated as attainable.
Published at 7:29 AM PST on Nov 19, 2010