Twitter Nears $10 Billion Valuation

Someone seriously needs to explain to me, in 140 characters or less, how Twitter could have a $10 billion valuation because I just don't see it.

Fortune has now learned from multiple sources that there is yet another block of early employee shares available, at a valuation of $9.9 billion. The shares would be secured by a fund affiliated with Gentry Venture Partners, which has been pitching the deal to clients.

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