First and foremost there’s an apparent connection: Mike McCue a past Twitter board member, who is also the co-founder of Flipboard. And while this connection could help initiate some conversations, it all eventually comes down to numbers.
With Twitter still trying to balance out its financial spreadsheets, a collaboration/merger/you name it with Flipboard could boost its numbers. More specifically, only the past year Flipboard claimed it had 100 million activated users.
And while this may seem no big number compared to Twitter 300+ million users, there is another important statistic that could act as deal-maker. According to reports, Flipboard is making around $50 million in revenue.
To make its case even stronger, the platform is backed up by some well-known venture capitalists and its current valuation sits at around $800 million.
So this practically mean two things: It’s an attractive buy for Twitter, with a robust community and it’s also making money. Apart from that, Flipboard has been helping Twitter along the way. Earlier this year, it was one of the platforms that supported the promoted Tweets syndication concept, Twitter‘s attempt to create large-scale, rich and well-targeted advertising campaigns across a variety of platforms.
If you like our stories, there is an easy way to stay updated:
Will all those negotiations play out well? What’s your take? Have your say in the comments section below!
More from Twitter
Twitter has announced it is further expanding the availability of its Twitter Lite app to 21 more countries, bringing the …
Following an update to its API on August 1, Facebook no longer allows users to automatically publish Tweets and Retweets …
Only days after Facebook's stock took a record $100 billion tumble, Twitter's shares are also down 20% after the company's …