How much of Twitter does that get him?
Using the $8 Billion valuation, around 3.75% of Twitter.
Saudi prince invests $300 million in Twitter
11–20 of 51 posts
Re: Saudi prince invests $300 million in Twitter
#12Very interesting, but it really makes me wonder. If Twitter is making money, why dilute the shares with investment like this? I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point. How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1…
I am not certain but it is possible that this was a secondary market purchase. The fact that it was announced by the Prince and not announced as a funding round by Twitter suggests a secondary market purchase. In other words, the Saudi Prince may have bought the stake from an existing Twitter investor.
I think this is a direct investment at least according to WSJ, "Twitter spokesman Matt Graves confirmed the investment" http://online.wsj.com/article/SB1000142405297020479110457710...
Re: Saudi prince invests $300 million in Twitter
#13Earlier quoted context omitted.
I am not certain but it is possible that this was a secondary market purchase. The fact that it was announced by the Prince and not announced as a funding round by Twitter suggests a secondary market purchase. In other words, the Saudi Prince may have bought the stake from an existing Twitter investor.
I think this is a direct investment at least according to WSJ, "Twitter spokesman Matt Graves confirmed the investment" http://online.wsj.com/article/SB1000142405297020479110457710...
That is a good find but it is not dispositive. For various legal reasons many people want secondary market transactions in securities that are not registered to happen through the company. So this may still be a secondary market transaction, but I am sure we will find out soon enough.
Re: Saudi prince invests $300 million in Twitter
#14To those wondering if this is a secondary purchase, the keyword I see here is 'Invests'. It is very different from "Saudi Prince buys $300m worth of Twitter shares".
Re: Saudi prince invests $300 million in Twitter
#15Very interesting, but it really makes me wonder. If Twitter is making money, why dilute the shares with investment like this? I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point. How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1…
> "If Twitter is making money..."
Is it? Doesn't seem very likely at all that it is.
Re: Saudi prince invests $300 million in Twitter
#16Very interesting, but it really makes me wonder. If Twitter is making money, why dilute the shares with investment like this? I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point. How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1…
I am not certain but it is possible that this was a secondary market purchase. The fact that it was announced by the Prince and not announced as a funding round by Twitter suggests a secondary market purchase. In other words, the Saudi Prince may have bought the stake from an existing Twitter investor.
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Re: Saudi prince invests $300 million in Twitter
#17Very interesting, but it really makes me wonder. If Twitter is making money, why dilute the shares with investment like this? I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point. How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1…
I am not certain but it is possible that this was a secondary market purchase. The fact that it was announced by the Prince and not announced as a funding round by Twitter suggests a secondary market purchase. In other words, the Saudi Prince may have bought the stake from an existing Twitter investor.
[deleted]
Re: Saudi prince invests $300 million in Twitter
#18Good time to reduce holdings if you're an insider or early investor.
Re: Saudi prince invests $300 million in Twitter
#19Anybody know if this was a direct investment, or through a secondary market?
"Invests $300 million in Twitter" means "not secondary market."
Re: Saudi prince invests $300 million in Twitter
#20Very interesting, but it really makes me wonder. If Twitter is making money, why dilute the shares with investment like this? I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point. How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1…
> "If Twitter is making money..." Is it? Doesn't seem very likely at all that it is.
I've always wondered. On the one side you get the naysayers who don't think Twitter is significantly monetizable at all.
On the other side you've got the people who think the Firehose is the greatest thing since sliced bread and is pretty much a golden ticket.
I don't think I get Twitter - I've never found the service to be at all useful, and I find the 140-char limit quaint and out of touch with how users want to use the service (see: URL shorteners, tweet expanders, Twitter-speak shorthand, etc). However, I am willing to accept that there's a social network I totally don't get that nevertheless rakes in some serious money (like WoW!)
But what exactly is the value of Twitter's data? Unlike Facebook, Twitter doesn't even remotely approach having a representative sample of the population. My parents are on Facebook, my uncles and aunts are on Facebook, along with everyone from my generation - Facebook has meaningful demographic data. What data does Twitter have that isn't almost exclusively limited to "young, urban, tech-savvy"?
As a marketer or data miner, what is so good about Twitter's data that would compel me to pay The Big Bucks(tm) for such a feed? Maybe I'm missing something, but it seems like Twitter's biggest proponents believe that the company can justify a multi-billion dollar valuation by providing glimpses into the thoughts of a tiny sliver of the population at large.