I'm guessing the discrepancy is because part of the deal was in stock. Twitter bought Vine in 2012. According to AllThingsD, the total consideration was $30m: > Vine and its investors turned down Twitter's first offer. read more
Twitter bought Vine in 2012. According to AllThingsD, the total consideration was $30m: Vine and its investors turned down Twitter’s first offer. They accepted a second, much larger one. Vine’s backers got Twitter stock, and Vine’s three-man team got a mix of cash, stock and incentives. read more
For instance, there’s a possibility that Vine could still live as a standalone service.) Twitter declined to comment. Vine’s landing page describes it as “the best way to capture and share video on your iPhone”, specializing in very short clips — a few seconds apiece. read more
In the three short years it’s been around Vine has gone from an obscure and struggling app to a Twitter-owned social media juggernaut. Much like YouTube Vine has provided a platform for creativity and turned creators into social media super stars with millions of followers, and in some cases billions of looping views. read more