Is Google about to buy Twitter?
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Oh shit.
Google could be about to gargle Twitter.
If it does, what’s possibly the neatest online communications vehicle yet will become just another shallow Google advertising thingy.
DAMN!
“Here’s a heck of a rumor that we’ve sourced from two separate people close to the negotiations,” says TechCrunch.
” Google is in late stage negotiations to acquire Twitter,” it says, going on:
“We don’t know the price but can assume its well, well north of the $250 million valuation that they saw in their recent funding.
“Twitter turned down an offer to be bought by Facebook just a few months ago for half a billion dollars, although that was based partially on overvalued Facebook stock. Google would be paying in cash and/or publicly valued stock, which is equivalent to cash. So whatever the final acquisition value might be, it can’t be compared apples-to-apples with the Facebook deal.”
DAMN!
“The culture and ambitions of Twitter and Google match,” says Times Online.
The Cultures of Cash, that is.
“The Twitter founders sold Blogger to Google earlier and work on the same principle of build first, monetise later,” says the story, adding:
“Now is the time for Twitter to sell. It is at the top of its hype range now.
“Monetising on its own would be a long, hard slog.”
Tsk tsk. Can’t have that.
No need to stay tuned.
TechCrunch – Google In Talks To Acquire Twitter, April 2, 2009
Times Online – Google ‘close’ to buying Twitter, April 3, 2009
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