Corporate Social Networking – Video
Corporate Social Networking
By: Hoang Nhut Nguyen
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Corporate Social Networking - Video
Corporate Social Networking
By: Hoang Nhut Nguyen
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Corporate Social Networking - Video
Black Ops 2 Clutch Funny Black Ops 2 Clutch with Crew Commentary
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By: MsGobeil
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Black Ops 2 Clutch Funny Black Ops 2 Clutch with Crew Commentary - Video
Call of Duty Black Ops 2 - GG Bridge Guide
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Call of Duty Black Ops 2 - GG Bridge Guide - Video
Bioshock Infinite Ep.8 The Zeppelin
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Bioshock Infinite Ep.8 The Zeppelin - Video
Twitter, the social networking giant, has been valued by one of its shareholders at almost $10bn (6.5bn), 9pc higher than a previous estimate.
GSV Capital (NasdaqCM: GSVC - news) , which also owns shares in Facebook (NasdaqGS: FB - news) , has revealed that it owns more than 1.9m shares in Twitter amid continued speculation that the mico-blogging site could stage an initial public offering (IPO) next year.
The investment group has valued its holding in Twitter at $35.2m, or $18.52 a share, which would value the entire social networking company at around $9.8m.
Twitter was valued at $9bn earlier this year following an investment by BlackRock (NYSE: BLK - news) , although analysts have suggested the group could be worth as much as $11bn.
The social network fuelled further speculation earlier this month that it could launch an IPO in 2014 after it appointed a prominent investment banker from Morgan Stanley (Xetra: 885836 - news) , Cynthia Gaylor, as its head of corporate development.
During her time at Morgan Stanley, Ms Gaylor worked with a number of other technology giants, including Facebook, LinkedIn and Zynga (NasdaqGS: ZNGA - news) , which have all listed on the public markets in the last two years.
Morgan Stanley was the lead adviser on Facebooks over-hyped $16.1bn IPO last year.
Analysts believe Twitter, which was created in 2006, will likely stage a share sale soon to fund its expansion.
However Twitters chief executive Dick Costolo has sought to dampen down talk of a stock market flotation, claiming the company isnt focusing on an IPO.
According to GSV Capitals first quarter results, filed at the US Securities and Exchange Commission last week, the group owns 1,835,600 common shares in Twitter and 65,000 preferred shares.
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Twitter valued at $10bn by investor