Twitter is now apparently valued at $9 billion

Twitter is now valued at $9 billion, after early employees sold around $80 million in shares. This would see the investors, BlackRock, own around 1% of the company, giving it a value of around $9 billion. One analyst said that the company could be valued anywhere between $10.5 billion and $11 billion by the end of 2013, or early 2014.

Both Twitter and BlackRock have declined to comment on this story.

Source : Business Week