Twitter Inc. was valued at almost $10 billion by one of its investors, up about 10 percent from a previous estimate, indicating shares are appreciating ahead of a possible initial public offering for the microblogging service.
GSV Capital Corp. owns 1.9 million shares of Twitter valued at $35.2 million, or about $18.50 a share, the firm said in a May 8 filing. Based on a fully diluted share count of almost 530 million, that makes the company worth about $9.8 billion.
