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Twitter seeks $60 million valuation first, business model later [Venture Capital]

Twitter, a communications tool for marketers, self-promoters and journalists, is trying to raise a third round of venture capital Silicon Alley Insider reports cofounders Evan Williams and Biz Stone are looking for $15 million, valuing the company at $60 million. Current investors include Union Square Ventures and Charles River Ventures. SAI guesses Stone and Williams have pitched Spark Capital, too. Twitter raised $5 million for a $20 million valuation last summer. The company still hasn't found a business model, mostly bec... lire la suite

Lien du post: http://valleywag.com/384138/twitter-seeks-60-million-valuation-first-business-model-later

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