Facebook and Twitter Add Billions in Value

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    NEWSLETTERS

    A Norwalk man used his iPhone to help catch the man who was breaking into his home.

    The San Francisco gold rush didn't end in the 1800s, it just went digital.

    Bay Area social media darlings Twitter and Facebook, along with Chicago-based coupon site Groupon, have gained nearly 70 percent in enterprise value since June, according to a new Nypex report, reported by the New York Times.

    The three companies were valued at a combined $49.7 billion but the differences between each companies value is astounding.

    Facebook was the most valued of the three at $41.2 billion, while Groupon and Twitter split the rest.

    Perhaps most surprising was that Groupon was valued higher than Twitter. The group discount buying site checked in at $4.8 billion, right about what Google was rumored to be offering the company last month. Twitter was valued at $3.7 billion.

    The report, made  by an advisory firm for sellers and buyers of private company shares, looked at other social networking startups like Yelp and Zynga over a five month period.