Welcome to Market Revolution's blog

Thank you for visiting Market Revolution's blog.

We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Thursday, 17 September 2009

Twitter worth $1bn?

Twitter close to finishing a round of funding which would value the social-network micro-blogging site at $1 billion, according to the industry site TechCrunch. In February, an earlier funding round led by Benchmark Capital valued the company at $250 million. The site reached 44.5 million visitors in June, 15 times more than it reached a year prior. Read it at Reuters

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