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.