ColemanMedia Report

The blogosphere was abuzz early Tuesday after a recent round of financing by Derivative Capital valued popular micro-blog Twitter at just over 5 billion Retweets, dramatically topping earlier estimates of $250.17.  While the buzz seems to be mostly confusion over what exactly 5 billion Retweets actually means, most bloggers agree that the prognosis is good, despite Twitter’s inability to turn a profit thus far.  ”Technically a Retweet has absolutely no monetary value whatsoever,” said Moishe Malakai, lead blogger at Mashable.com.  ”But Twitter’s not concerned about making money, and they shouldn’t have to be.  Twitter as a business subsists entirely on buzz, popularity, and growth, not a sustainable revenue plan.  And so far they’ve done a bang-up job with that.  Besides, if someone named Derivative Capital places a big bet on you, you have to be doing something right.  Right?”