Thursday, July 21, 2011

Twitter Poised to Close a Two-Stage $800M Funding, With $400M Payday - Kara Swisher - Social - AllThingsD

More Twitter transitions – I suspect those who cash out in this phase may be getting peak value

In a move reminiscent of one done by Facebook in 2009, Twitter is close to completing an $800 million funding deal that will include a second part in which around $400 million of the total will be used to cash out current investors and also employees.

Twitter Poised to Close a Two-Stage $800M Funding, With $400M Payday - Kara Swisher - Social - AllThingsD

Post a Comment