Google made a lowball bid for Twitter, reports say

11/19/2010 | Business Insider · Reuters

Google reportedly tried to buy Twitter for $2.5 billion this year, but the social network found the proposed price-tag "insulting" and rebuffed the offer, Nicholas Carlson writes. The network is now reportedly accepting investments that would put its value at around $3 billion, which may still be a low figure given Facebook's reported $30 billion to $40 billion valuation, writes Kevin Kelleher. "[W]hy would Facebook be worth ten Twitters?" he writes.

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Business Insider · Reuters

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