Thursday, March 3, 2011

Twitter - Definitely not Overvalued: JPMorgan in investment talks with Twitter

This is another example of how Twitter is becoming increasingly valued as a Social media platform and I think it would be amazing if JP Morgan does end up investing in Twitter and adding it to its digital growth fund. The fact that a company like JPM created a Social Media Investment Fund underscores the growth potential in this area and we have yet to see the full potential of Social media.


Report: JP Morgan in investment talks with Twitter

By Ariana Eunjung Cha

Thumbnail image for twitter_logo_outline.pngJP Morgan is reportedly in talks with Twitter to buy a minority stake in the micro-blogging site. Neither will comment on the talks, but anonymous sources confirmed to the New York Times, the Financial Times and the Wall Street Journal that the investment by JPMorgan's $1.22 billion digital growth fund would value Twitter at more than $4 billion.

JP Morgan recently established its social media investment fund to jump on the technology and social media companies that have seen exponential growth in the past few years.

Link to Washington Post article

No comments: