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Twitter Worth $250M; Gets $20M in Funding

Twitter Worth US$250m, Gets US$20m Injection
Michael Arrington’s sources tell him that Twitter has secured a new round of funding
totalling at least US$20m. You can add this to the pile that it got from Jeff Bezos’ venture capital arm during the summer. That injection priced the company at US$100m , but Techcrunch reckons that the new round prices Twitter at US$250m.
 
Facebook tabled an audacious takeover bid for Twitter a couple of months ago, offering a nominal US$500m deal comprised mostly of Facebook stock. Not least because nobody has any idea what Facebook stock is actually worth, Biz Stone and the boys knocked Zuckerburg back.

Posted via email from Robert’s View

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This entry was posted on Saturday, January 31st, 2009 at 5:38 pm and is filed under What?. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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