About Twitter
X is a social networking platform that allows its users to send and read microblogs.
Headquarters
Twitter, San Francisco
Founded
2006-03-21
Industry
Blogging Platforms, Mortgage, Social Media, Social Network, Web3
Last Funding Type
Post Ipo Equity
Valuation
18.1
Total Funding
$12.87 billion dollars
IPO Status
Delisted
Financial
Funding Rounds
15
Number of Lead Investors
9
Total Funding Amount
$12.87 billion dollars
Number of Investors
55
Twitter vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| $18.1B | $12.87B | 15 | |
| Teamo | - | $2.30M | 2 |
| Groupon | $12.7B | $1.39B | 8 |
| Mysten Labs | $2B | $336.01M | 3 |
| Limit Break | $2B | $200.00M | 1 |
| Automattic | $15B | $985.90M | 12 |
| Kik | $2B | $215.80M | 7 |
| $6.4B | $1.33B | 9 | |
| Constant Contact | $0.4B | $423.16M | 4 |
| Hike | $1B | $261.00M | 8 |
| Meta Platforms | $104B | $25.61B | 15 |
| Globality | $1B | - | - |
| Alchemy Insights | $240B | $563.90M | 5 |
| ByteDance | $90B | $9.51B | 13 |
| Yotpo | $1B | $436.00M | 11 |
| Chainalysis | $9B | $536.62M | 13 |
| Locu | $22B | $4.60M | 2 |
| Hubspot | $0.8B | $100.50M | 6 |
| $12.7B | $1.49B | 26 | |
| Glassdoor | $2B | $204.50M | 10 |
| eToro | $20B | $692.70M | 18 |
| BazaarVoice | $0.7B | $130.55M | 5 |
| Yammer | $15B | $142.00M | 6 |
Growth Trends & Market Impact
X has experienced a 73% decline in value since Elon Musk's takeover, as reported by Fidelity. Additionally, X has seen a reduction in ad revenue share payouts over time. The platform has also been accused of profiting from hate targeting related to the Israel-Gaza war. Furthermore, X has confirmed plans for NSFW Communities and has made its vertical video feed ads available to all advertisers. Despite these developments, X has been facing challenges with AI-generated spam content flooding the platform.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 01.06.2022 | $12.87 billion dollars |
Greenlight Capital |
| №2 | 04.05.2022 | $7.19 billion dollars | |
| №3 | 04.04.2022 | $2.89 billion dollars | |
| №4 | 01.03.2021 | $1.25 billion dollars | |
| №5 | 20.12.2011 | $300.00 million dollars |
Alwaleed Bin Talal |
| №6 | 08.09.2011 | $400.00 million dollars | |
| №7 | 02.08.2011 | $400.00 million dollars |
DST Global |
| №8 | 09.02.2011 | $80.00 million dollars | |
| №9 | 15.12.2010 | $200.00 million dollars |
Kleiner Perkins |
| №10 | 08.01.2010 | $5.17 million dollars |