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Another $100 million for Twitter

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Twitter's long-anticipated business plan had better be close on the horizon, because according to the Wall Street Journal, the site has some new investors on board: Mutual fund T. Rowe Price, Insight Venture Partners, and a handful of others have reportedly pumped $100 million into the microblogging phenomenon.

TechCrunch reported last week that Twitter was putting together a round of funding at around a $1 billion valuation. But that report suggested that the company would do so by raising about $50 million--half of what it actually has, per the WSJ, in a deal expected to close Thursday.

Twitter still doesn't make significant revenue. But its founders have said that paid corporate accounts, in the form of a sort of "analytics dashboard," are imminent. Advertising isn't out of the question either, despite what some of the company's executives have said in the past.

The company's initial round of Series B funding last year valued it at about $80 million, but soon added to the round in a deal that upped the valuation well into the hundreds of millions.

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Re: Another $100 million for Twitter

It's crazy how they have blown up in such a short time frame.

Re: Another $100 million for Twitter

Quote:

Originally Posted by forty01 (Post 415517)

It's crazy how they have blown up in such a short time frame.

i'm curious about facebook how much they worth

Re: Another $100 million for Twitter

Quote:

Originally Posted by wcked (Post 415519)

i'm curious about facebook how much they worth

hi bro treu twitter is growing big check this link facebook worth

Code:

http://www.urlappraisal.net/appraisal/facebook.com.html

GRTZ CYBER WEESJE
ADMINISTRATOR@Wckediden

Re: Another $100 million for Twitter

Quote:

Originally Posted by CYBER WEESJE (Post 415521)

hi bro treu twitter is growing big check this link facebook worth

Code:

http://www.urlappraisal.net/appraisal/facebook.com.html

GRTZ CYBER WEESJE
ADMINISTRATOR@Wckediden

wow man that's alot

Re: Another $100 million for Twitter

Quote:

Originally Posted by wcked (Post 415522)

wow man that's alot

+1 on that, that is coocoo money!!!!

Re: Another $100 million for Twitter

Facebook is sick money. It's amazing how fast they took off. They started ok, but then in the last year just exploded.

Re: Another $100 million for Twitter

that shits crazy..... being those people they went from something they prolly expected to be descent sized to something huge like they are now...... that shit just happened so fast and the sports players twitting and it always being talked about by them and other famous hollywood stars helps them out a lot as well.