Monday, March 7, 2011

Twitter didn't 'raise' capital, but JP Morgan still bought in

Twitter co-founder Biz Stone understands nuance. Reuters does not (at least not today). The news giant (where I used to work) today has been hyping an exclusive interview with Stone, in which he says that Twitter has no IPO plans in the near future. Then there is this: Asked about a Financial Times report last [...]

Source: http://finance.fortune.cnn.com/2011/03/03/twitter-didnt-raise-capital-but-jp-morgan-still-bought-in/

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