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Evan Williams has a knack for creating the “next big thing.” Back in the late 1990s, he developed the prototype for blogging, which became Blogger.com. Williams sold it to Google (NASDAQ: GOOG) in 2004.

A few years later, Williams struck gold again: he started Twitter.

And, it looks like this one is going to be a mega blockbuster. According to a report in Techcrunch, it appears that Twitter is raising $50 million — at a whopping $1 billion valuation. The company’s last round came in February, at a valuation of $250 million.

Continue reading Tweet this: Twitter is worth $1 billion

Tweet this: Twitter is worth $1 billion originally appeared on BloggingStocks on Thu, 17 Sep 2009 12:40:00 EST. Please see our terms for use of feeds.

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