Twitter's outlook for long-term profitability still looks questionable - Telegraph
"To value Twitter at $11.1bn (£6.9bn) despite the company never making a profit looks like madness, but there is some method behind that number. Companies that have yet to make a profit are valued on a multiple of their revenue.The social networking company is expected to make $583m in 2013, and just shy of $1bn in revenue for 2014. That means the valuation is a multiple of 11 times projected revenue. Facebook we...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.