Northstar Blog

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Posts Tagged twitter’

Twitter worth a $billion

Sep

18

2009

In February, Twitter turned more than a few heads by raising $35 million at a $250 million valuation.  Now, people should be careful that they don’t break their figurative necks, since the company’s reportedly upped the ante by raising around $50 million at a $1 billion valuation.

Crazy as it may sound to some folks, the rumor’s almost certain to be true.  Michael Arrington received word of it from several sources, and so did Peter Kafka.  Plus, Biz Stone tweeted last night that he’d spent part of the day in a board meeting.

Then you have to consider that some experts believe Twitter’s worth much more than $1 billion.  (Robert Scoble considers the company worth $5 billion to $10 billion, for example.)

So let’s look at the ramifications of Twitter’s $1 billion valuation.  It implies that Twitter’s backers think the site will continue to grow at a ferocious pace.  They must be confident that achieving a profit’s possible, too, and they can’t view direct competitors - as well as Facebook - as much of a threat.

Anyway, Arrington reported that Insight Venture Partners, which has invested in companies like Divx, Hitwise, and Newegg, is leading the funding round.

Source: webpronews.com

Twitter background design

Jan

21

2009

As part of any self respecting SEO programme, Northstar has a Twitter account - got a bit of a theme running this week … Anyway, our design got picked up on the grapevine and is now showcasing at Twitter Backgrounds Gallery.

As design is part of services, its nice to get the recognition and yet another link back to the website. More links = more traffic = better listings on Google.

And you never know, someone may contact us to create their Twitter background design.

View and vote on Northstar’s Twitter design »

Visit Northstar on Twitter »

Twitter breaks world news

Jan

16

2009

First reports of the US Airways plane crash in the Hudson river were reported on Twitter, the popular micro-blogging website.

Janis Krums set off an Internet firestorm Thursday when he posted an image taken on his iPhone of passengers huddled on the wing of a US Airways plane – only minutes after it had crash landed.

“There’s a plane in the Hudson. I’m on the ferry going to pick up the people. Crazy,” wrote Krums in a 3:50 p.m.

While the news agencies scrambled staff to the scene, social networking sites such as Twitter and Flickr were buzzing with photos and reports which were viewed all around the world.

Photo of Hudson river aircrash

Nearly 40,000 people viewed this photo within four hours of the aircraft coming down.

Twitter will riding high on this tide of publicity, which swiftly follows their last coup of breaking news of the Mumbai terrorist attacks.

Further information

BBC coverage of this event: Citizen Journalism