What Could Twitter Do with $200 Million? Five Ideas
Twitter now has $200 million to burn a hole in its pocket. What's the best way to put these new riches to work?
Brandweek will feature live discussions with marketing pros at ULTA Beauty, Converse, UPS and more. Meet us in Miami Sept. 11–14 to boost your business and elevate your brand.
Twitter just picked up another $200 million in outside funding, and the $4 billion valuation is no longer rumored – and it’s actually $3.7 billion (but who’s counting, right?). In addition to the influx of capital, Twitter has also picked up two new board members, one of whom has some experience in the big leagues. It looks like things are going to get interesting for the social media platform in 2011.
The latest financing round was led by Kleiner Perkins and included Union Square Ventures, Benchmark Capital, Spark Capital and others.