Twitter may not have a vibrant business model but it sure has no problem attracting heavyweight investors.
The latest person to step up in a major way is Prince Walid bin Talal of Saudi Arabia, who bought a $300 million stake from an early Twitter investor as part a strategy “to invest in promising, high-growth businesses with a global impact.” (More details on the New York Times)
You figure with so much interest, Twitter could do an IPO. Of course, an IPO means you have to disclose your financials, which Twitter may not want to do given it’s probably spend a lot more money than its generating.
Chances are that Twitter never does an IPO. Instead, it will be snapped up for billions of dollars by someone looking for buy a major social media foothold
$300 Million of Twitter, Please
Twitter may not have a vibrant business model but it sure has no problem attracting heavyweight investors.
The latest person to step up in a major way is Prince Walid bin Talal of Saudi Arabia, who bought a $300 million stake from an early Twitter investor as part a strategy “to invest in promising, high-growth businesses with a global impact.” (More details on the New York Times)
You figure with so much interest, Twitter could do an IPO. Of course, an IPO means you have to disclose your financials, which Twitter may not want to do given it’s probably spend a lot more money than its generating.
Chances are that Twitter never does an IPO. Instead, it will be snapped up for billions of dollars by someone looking for buy a major social media foothold