Twitter Now Valued at $7 Billion




Twitter’s valuation has almost doubled in the last seven months, according to a report from The Wall Street Journal.
 

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The Wall Street Journal says Twitter is busy raising hundreds of millions of dollars, at a valuation as high as $7 billion. In December, the same company was valued at just $3.7 billion in a $200 million round of funding led by Kleiner Perkins Caufield & Byers.

Recently, eMarketer predicted that Twitter would triple its advertising revenue to $150 million in 2011. Last month.