Twitter Worth In 2011: $4 Billion and Revenue Increase

We have reported on Twitter a lot lately with various football players expressing their views on the site. Today we have news that the site value has now reached $4 billion, this comes a month after it raised $200 million in funding.

Ben Parr from Mashable is reporting that the latest value of the company is down to the secondary market for buying and selling shares in privately owned companies. The value is up $300 million from the $3.7 billion valuation that was used for its funding in December.

It has a way to go before it catches Facebook though; its most recent funding round saw the company valued at $50 billion. On the secondary markets Facebook is worth even more with a value of $75 billion. Graeme McMillan over at TechLand is reporting in an article that Twitter is expected to more than triple its revenue in 2011.

The leap in revenue is expected to happen from Twitter concentrating more on advertising, but to achieve this the site just has to convince the advertisers it will be worth it. According to analyst Debra Aho Williamson, if the site can continue to grow its user base, and show it has value as number two behind Facebook its revenue will rocket.