Twitter is now worth $$$1.6 Billion Dollars!!

Founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006, Twitter is now estimated to be worth $1.6 billion dollars. It is a social networking and micro-blogging service with over 144 million users to post their latest updates.
According to this tech crunch's article, the current street value of a share of Twitter is $7 per share. There are 225 million shares which make it around $1.575 billion valuation.

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