The valuation is more than triple the amount that investors paid in a funding round just a year earlier. Recent discussions have pegged the company's worth at up to $8 billion, making the stakes of Twitter co-founders Biz Stone, Jack Dorsey and Evan Williams likely worth several hundred million dollars apiece.
That's not bad considering that Stone, in an onstage interview at a Federated Media conference in February, said of Twitter: "we're just in the early phases of being a real business."
The San Francisco-based company is not profitable and had 2010 revenue of $45 million, The Wall Street Journal reported.
Among other Twitter shareholders are several prominent tech investors including Ron Conway and Marc Andreesen and venture capital firms Union Square Ventures and Charles River Ventures.
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