Another $100 million for Twitter

[elboriyorker]

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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[forty01]

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

[elboriyorker]

Originally Posted by forty01

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

i'm curious about facebook how much they worth

[CYBER WEESJE]

Originally Posted by elboriyorker

i'm curious about facebook how much they worth

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

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

GRTZ CYBER WEESJE
ADMINISTRATOR@Wckediden

[elboriyorker]

Originally Posted by CYBER WEESJE

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

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

GRTZ CYBER WEESJE
ADMINISTRATOR@Wckediden

wow man that's alot

[PHE-NOM]

Originally Posted by elboriyorker

wow man that's alot

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

[forty01]

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

[D/\SH]

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.