Yesterday, Twitter CEO Dick Costolo dismissed the company's $10 billion acquisition rumors during a speech at the Mobile World Congress in Barcelona. And today, Twitter co-founder and creative director Biz Stone told NPR that "We're not valued at $10 billion dollars." The Wall Street Journal recently reported that Twitter is in low-level acquisition talks with Facebook and Google for a deal that would put the network at a $8 to $10 billion valuation. Stone tells Fresh Air's Terry Gross, "We're not valued at $10 billion dollars. That's just what people are writing in the newspapers, which unfortunately has the negative impact of my friends thinking I must have $10 billion dollars."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/ox1tGqth1cE/
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