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IVP’s Chaffee: Why I Invested In Twitter

• Retric 18y ago
  Ok, he just invested money into company's because they are like other companies, that don't make money, in a recession. That seems like a really stupid thing to do but if the odds are 1 in 5 that it sells for as much as YouTube it might be a good bet.
• deleted 18y ago
  [deleted]
• mikeryan 18y ago
  "Twitter is a new type of media property, pure and simple. He (conveniently) puts it in the same category as YouTube or Facebook." Common thread? Huge web properties that don't have a business model.
  • brandonkm 18y ago
    Indeed. I thought calling twitter 'a new type of media property' may be hyping it up a bit too much. A more appropriate description would be 'a really popular web app'. This investor may be getting ahead of himself. +$35 million will buy the twitter team time to devise a business model, but how successful that business model will be remains yet to be seen.
    • deleted 18y ago
      [deleted]
• moe 18y ago
  4. Scalable. (Don’t laugh) HAHA.