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Tag Archives: venture capital
Twitter by Numbers: 1, 2, 100 Million
For anyone interested/fascinated in Twitter’s financing activity over the past two years, Mashable has a cool chart that provides information about the five rounds that have raised about $153-million.
Among the eye-catching factoids is that the price of a share has soared from six-tenths of a cent from the first round in July 2007 to $15.98 [...]
What Does Twitter Do With $50 Million?
According to TechCrunch, Twitter is poised to raise another $50-million – a move that will give it a $1-billion valuation. Given Twitter still has about $30-million in the bank and about 50 employees, why does Twitter need another $50-million othen than giving itself another five years of burn. Here are some ideas:
1. It’s going to [...]
Twitter’s Growing Empire…and Burn
While Twitter toils away on generating revenue, the company’s busy burning through its venture capital booty.
According to Twittercism, Twitter now has 47 employees – information gleaned from Twitter’s About Us page. That roughly works out to about $5-million of operating expenses a year using the $100,000/employee formula.
If you throw in $2-million to $3-million of [...]
Please, Take Our Money!
So, here’s the deal (literally and figuratively): Twitter wasn’t seeking any more financing because it still has money in the bank from its last financing – no surprise given it raised $15-million and only has 20 employees.
Nevertheless, Twitter has happily taken $35-million from Benchmark and IVP because Benchmark and IVP really wanted to invest and [...]
How Does Twitter Spend its VC?
Fred Wilson had a blog post recently in which he talked about online business models, and how that operating costs are as important as revenue. He pointed to companies such as Craigslist that have few employees but huge sales, while a company such as Digg employs more than three times as many people – 70 [...]
Whoa, Nelly! 50 million Tweets/Day