Monday, December 19, 2011

More On That $300 Million Saudi Investment In Twitter: It?s Not New

twitterThe blogosphere and tech press is all atwitter about the news that Saudi Prince Alwaleed Bin Talal invested $300 million in Twitter. While the identity of the Saudi prince as an investor was not officially confirmed before, the investment itself is not new. The investment was part of the previously announced $800 million financing Twitter closed last September, according to a source with direct knowledge of the deal.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/kAjJUw9mOXM/

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