Posted: November 26th, 2008, 10:05pm MST
Rumor has it that, until 3 weeks ago, Facebook was negotiating to buy Twitter for $500 million. According to TechCrunch, the $500 million comprised $100 million in cash and $400 million in stock, based on Facebook’s valuation at $15 billion. Negotiations, however, ended 3 weeks ago. Among other things, Twitter had doubts about the value of Facebook’s stock and Facebook had concerns over Twitter’s burn rate and revenue earning potential. Source: Robin Wauters, “Acquisition Dance Between Facebo