Mike Isaac

Recent Posts by Mike Isaac

Twitter Now Reportedly Valued at $9 Billion

Twitter now holds a $9 billion valuation after investment firm BlackRock made an $80 million offer to purchase stock from early Twitter employees, the Financial Times reported on Friday. The new $9 billion number is a 10 percent valuation increase since the company last raised money in 2011, yet lower than the $10 billion and $11 billion valuations made last year after two secondary stock transactions. Twitter declined to comment on the report.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald