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Saturday
Sep262009

Twitter Funding and Skype Valuation.

DateSaturday, September 26, 2009 at 12:01PM | by AuthorMichael Bigger | CommentPost a Comment

Yesterday, Twitter announced it closed another round of funding. The rumor says that Twitter, which has about 55 million users, raised $100 million at a valuation of $1 billion. A few weeks ago, eBay agreed to sell Skype with its 500 million users for $2.75 billion. The Skype mathematic doesn't add up. eBay is selling Skype on the cheap.

Disclaimer: Long eBay but I wish I could short management.

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