The founders of Twitter Evan Williams and Biz Stone would have launghed all the way to the bank the second time, they sold Blogger.com to Google just five years ago. Since the launch of Twitter in March 2006, the value and usership of Twitter is only going up, with big companies like Google and Microsoft playing the watch dog and keeping their ears to the ground on its growth and usership.
Last week TechCrunch broke the news that Twitter was being acquired by Google, the news spread like wild fire in the online world and also on Twitter. But sources in Google confirmed that they had not made any bid for Twitter.
Why would Google want to acquire Twitter ?
Industry experts have been arguing for sometime that Twitter’s real value is in search. Twitter’s strength is its ability to the best real time database and search engine on the Internet, Google has no clue on how to handle real time searches. While Twitter has been a great sales channel for multinational companies, its also been an effective solution for brands in real time to talk to their audience and a revolution for live blogging
Twitter recently secured $250 million valuation funding and turned down an offer to be bought by facebook just a few months ago for half a billion dollar.
If Google or Microsoft has to bid for Twitter I think it should be in the range of ONE BILLION DOLLARS, now thats a big amount to cash in for a three year old company.
What do you say ?