Thursday, February 19, 2009

Twitter soaks investors again; still no revenue

Twitter has raised another $35 million, it's third "dip",
though it has no revenue and says it didn't want the cash.
Right. It now has $50 million in cash reserves and 29
employees. They are working on a project to make money,
expected in April.

A lot of resources are tied to this - it will be interesting
to see who the whole thing will benefit in the end.

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