Twitter: Possibly Valued at $250 Million
Sun, Jan 25th, 2009 |
Twitter may have signed a term sheet with Institutional Venture Partners according to a recent report on TechCrunch; a deal that will place the valuation of the rapidly growing microblogging service at $250 million.
At first glance the deal seems to contradict co-founder and CEO Evan Williams assertion last month that he doesn't want to raise money in 2009, but look a little deeper and it may just make sense.
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