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Twitter Valued Around $500 Million

The San Francisco Business Journal reports that a research firm named Sharespost.com has put on a value on Twitter between $441 million and $589 million.

Twitter has a value of $441 million to $589 million, according to a new report by an independent research firm co-founded by financial world celebrity Michael Moe.

The analysis by NeXt Up Research, which has been posted on the investment site Sharespost.com (registration required), pegs the value of the San Francisco micro-blogging service using recent mergers and acquisition transaction data. It estimates Twitter shares would sell for between $19 and $26.

It is very hard to judge the value of a company that doesn't have much revenue yet. However, there is no question that Twitter has made a huge impact on the media world. Facebook reportedly offered $500 million for Twitter last year.

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Posted on 2009-08-03

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