MySpace's exit was $580MM. They had an estimated revenue of $300-$400MM in 2009. They might not be Facebook, and may never have a very high valuation, but the exit was very profitable for those involved.
Twitter can just as easily be great for it's stakeholders and fizzle out as a service.
yeah, but their 'exit' is similar to twitter's current round: it's a measure of how much somebody thought they could/would be worth. I'm asking how much they are worth now!
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1) Even if twitter fizzles it won't be worth $0. 2) It's possible that the investors in this round have a preference to get their money out first.
So 25% chance of nothing is almost certainly wrong.
are you sure? How much is MySpace worth, given that they probably are losing money? (not to mention, members)
MySpace's exit was $580MM. They had an estimated revenue of $300-$400MM in 2009. They might not be Facebook, and may never have a very high valuation, but the exit was very profitable for those involved.
Twitter can just as easily be great for it's stakeholders and fizzle out as a service.
yeah, but their 'exit' is similar to twitter's current round: it's a measure of how much somebody thought they could/would be worth. I'm asking how much they are worth now!
Still somewhere greater then $0, probably still several million from contracts and traffic alone