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Saudi prince invests $300 million in Twitter

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Re: Saudi prince invests $300 million in Twitter

#31

Earlier quoted context omitted.

> "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 us…

Twitter data is real-time + are mostly status updates which are usually indicative of intent or state of mind of a person. Besides lead generation, Twitter paints a different facet of a person where instead of social relationship (FB) its more of interests and current needs/intent. All these characteristics are great for marketers.

Re: Saudi prince invests $300 million in Twitter

#32

Hearing news like this, I can't help wondering what will happen to twitter if/when the Arab Spring spreads to Saudi Arabia.

I doubt there'll be cases (like during the last Iranian Presidental election) where Twitter postpones upgrades to help the protesters.

Re: Saudi prince invests $300 million in Twitter

#33
post #30
post #11

Earlier quoted context omitted.

Using the $8 Billion valuation, around 3.75% of Twitter.

This concerns me about my investment as a user in Twitter. Even if it's only 3.75% of Twitter the company now owns, I don't necessarily want to support the venture of a Saudi billionaire. Maybe if they are really proponents freedom of speech and the press, it isn't such a bad thing.

I'm sure you don't drive a car, either.

Re: Saudi prince invests $300 million in Twitter

#34
post #33
post #30

Earlier quoted context omitted.

This concerns me about my investment as a user in Twitter. Even if it's only 3.75% of Twitter the company now owns, I don't necessarily want to support the venture of a Saudi billionaire. Maybe if they are really proponents freedom of speech and the press, it isn't such a bad thing.

I'm sure you don't drive a car, either.

Yes, and here's to hoping he doesn't do any business with Citibank, directly or indirectly.

Re: Saudi prince invests $300 million in Twitter

#35
Smart investment. Twitter has really changed news and personal broadcasting in ways many of us don't appreciate. And Twitter has some of the smartest people dispersing pearls of wisdom and knowledge like nowhere else.

Again, Twitter is a smart investment - in more ways than just money.

Re: Saudi prince invests $300 million in Twitter

#36

Hearing news like this, I can't help wondering what will happen to twitter if/when the Arab Spring spreads to Saudi Arabia.

Presumably users would switch to alternatives in case of intervention, which would be a big hit to this prince's investment.

Re: Saudi prince invests $300 million in Twitter

#40

Anybody know if this was a direct investment, or through a secondary market?

"Invests $300 million in Twitter" means "not secondary market."

How do you figure? The Saudi Prince is "investing" regardless of how the equity is purchased. The question is if this is an "investment" from twitter's perspective. Signs seem to point to no.
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