Trouble At Twitter? Key Players Leave After $800 Million Funding Round
Following a massive $800 million round of funding, Twitter board members Bijan Sabet and Fred Wilson, two of the company’s earliest investors, have both stepped down.
It’s the latest in a series of big employee changes at Twitter that have taken place since founder member Jack Dorsey resumed control of the company back in March.
Half of Twitter’s $800 million funding went to cash out the holdings of early investors, which included Union Square Ventures (USV), the venture capital firm owned by Wilson.
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