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Andreessen Horowitz Invests $80 Million in Twitter

• swombat 16y ago
  Worth noting that Twitter isn't seeing any of that $80m, since it's on the secondary market (i.e. shares that have already been issued and paid for).
  • zck 16y ago
    Yeah, they're investing in Twitter stock, not Twitter itself.
• deleted 16y ago
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• marcamillion 16y ago
  > While an IPO is a possibility, so is an acquisition. Several months ago, while it was doing its funding round, Twitter had incoming interest from Facebook, which lobbed in a $5 billion soft offer, as well from Google. Wait...what? FB offered $5B to buy Twitter? WTF! I guess that Goldman deal has gone to Zuck's head. That seems a bit crazy to me. With FB revenues of just $1.2B - $2B, that offer was the equivalent of 2X - 3X revenues. I know that it was probably a stock and cash deal - but still. That's ridiculous, when you compare it to what FB is making. Sounds a bit exuberant if you asked me.
• jayzee 16y ago
  I read that more and more VCs want the cachet of having invested in hot stocks like twitter, fb so that they can tell future investors about their portfolio and go raise the next round. Not that there is anything wrong with that but we need to be more careful with the term 'invested in.' Primary Investment versus just plain Investment say when you and I buy GE on Ameritrade?
• deleted 16y ago
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