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
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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.
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