Friday, April 03, 2009

Showdown: Why Microsoft can't afford to lose Twitter to Google - TechFlash: Seattle's Technology News Source

Jeff Bezos is having a very good year so far… See the full post for more on Google, Microsoft, and Twitter

Even if Microsoft loses out to Google, at least one Seattle techie could benefit. Amazon.com founder Jeff Bezos invested in Twitter last June, participating in what was reported at the time to be a $15 million venture round.
At the time, PaidContent placed the valuation of Twitter at less than $100 million. But Twitter went on to raise more than $35 million from Benchmark Capital, IVP and others in February at a reported valuation of more than $250 million. And the Twitter user base has grown since then as it has gained momentum and become a bigger part of the cultire [sic].

Showdown: Why Microsoft can't afford to lose Twitter to Google - TechFlash: Seattle's Technology News Source

No comments: