Twitter Raising $100 Million

Pay Day

Updated Apr. 25, 2017 1:56PM EDT / Published Sep. 24, 2009 9:06AM EDT

Tim Ireland

Twitter may not yet have generated any revenue, but that doesn’t mean it’s worthless: The online messaging site is nearing a deal to secure as much as $100 million from up to seven investors, according to The Wall Street Journal. The investors are valuing Twitter at about $1 billion; earlier this year, investors valued it at about $255 million. Twitter is expected to have 25 million users by the end of 2009.

Read it at The Wall Street Journal

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Twitter Raising $100 Million

Tim Ireland