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Monday, November 23, 2009

Twitter IPO?

According to a person familiar with the matter, the new funds totaled $100 million, theoretically valuing the company at $1 billion.
http://www.reuters.com/article/businessNews/idUSTRE5AM3PO20091123?feedType=nl&feedName=usdai

Posted by modelmotion at 4:40 PM

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3 comments:

  1. JoeNovember 23, 2009 at 9:29 PM

    Exactly how does twitter make money?

    ReplyDelete
  2. modelmotionNovember 23, 2009 at 9:50 PM

    From Venture Capitalists who are gambling that one day it will be worth 1 billion.

    First they need 436 million users and then they will sell them all orange slurpees..... u do the math.

    ReplyDelete
  3. JoeNovember 24, 2009 at 5:46 PM

    I don't like the sound of that. I'm investing in aluminum foil hats and canned food.

    ReplyDelete

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