Not bad for a non-profit public service
Even as Internet companies such as Zynga Inc. and Groupon Inc. file to go public, Twitter Inc. is taking a different route: It is continuing to tap private investors.
The fast-growing Internet messaging service is currently in discussions to raise a new round of private financing, said people familiar with the matter. The move is set to raise hundreds of millions of dollars in a round valuing Twitter as high as $7 billion, said one of the people. It is unclear which investors are participating in the new round.