Twitter Now Valued At 'More Than $11 Billion', Eyes 2014 IPO
Back in July 2011, a lifetime ago in the fantastically volatile world of business tech, Twitter was valued at $7 billion, and, just a couple of weeks later, $8 billion, following two rounds of private funding.
In September of that year, CEO Dick Costolo told reporters not to expect a Twitter IPO anytime soon. “We now have what can only be referred to as a truckload of money in the bank. We did that because we want to be in control of our destiny and grow the company the way we want to,” he said.
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