Twitter’s leaked financials suggest “Picking big numbers out of thin air” possible

July 16th, 2009

With a very public Twitter security breach leading to leaked internal documents, one newsworthy disclosure is the top line revenue numbers company execs feel the business can achieve over the next few years. The numbers go like this; $4.4 million for the second half of 2009, and $140 million for 2010. Now I’m from Minnesota, but I’ve never seen a hockey stick raked that much. Can’t argue with Twitter’s user growth, but for a company with no guessable blockbuster monetization play, the somewhat random figures are amusing. We all know investors basically discount projections anyway, PE just as much as VC, but to see these figures batted around internally - not just in pitchbooks, is very interesting.

Tags: Twitter financials

This entry was posted on Thursday, July 16th, 2009 at 11:07 am and is filed under PEdatabase Observations. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Twitter’s leaked financials suggest “Picking big numbers out of thin air” possible

82 Responses to “Twitter’s leaked financials suggest “Picking big numbers out of thin air” possible”

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