Twitter just received another round of financing, totaling $200 million from venture capitalists Kleiner Perkins Caufield & Byers. The new investment brings their total worth up to $3.9 billion. Twitter’s valuation comes from its value as a social graph, representing moods and trends of 8% of total Internet traffic and that is where the money is. Read the full story at NYTimes.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.