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A comment on Twitter Is Said to Buy Employee Stock With Half of $800 Million in Funding. Parent comment

Re:Twitter Is Said to Buy Employee Stock With Half of $800 M... by andresmh on Sunday July 24, 2011 @11:23PM (#2801183)
could you explain? I'm a noob wrt the stock market.
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Re:Twitter Is Said to Buy Employee Stock With Half of $800 M... by amorphid on Monday July 25, 2011 @12:42AM (#2801380)
It sounds two things are happening. First, some if the money Twitter is raiding from new investors will go to buy stock held by current shareholders; effectively half the money Twitter raises is not going to be used by Twitter. Second, the other half is going to Twitter as normal.
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