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Sunday, February 19, 2012

Twitter at 500 Million Members

Twitter's tipping point into the spectrum of social media consciousness was in 2007, when it started generating significant attention at the South by Southwest (SXSW) festival.  
Since then the 140 character  micro blogging social networking platform has continued to attract both users and investors.
In the 5 years since launching it has attracted significant investment funds with an estimated total capital raising of over $1.3 billion.
The 2 most significant  investments have been:
  • Digital Sky Technology  in August, 2010, which at over $800 million was reported to be the most significant venture round in history
  • Saudi prince Alwaleed bin Talal on December 2011, invested $300 million
This at the time valued Twitter at  $8.4 billion.
Twitter does not provide details on its users number very often, but in February 2011, Twitter announced it had 200 million registered accounts tweeting 155 million tweets a day....Read more of this article
[Sent from Ralph Paglia's iPhone]

Ralph Paglia
Vice President - Digital
Tier10 Marketing 

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