Twitter Raises $35 Million Series C From Benchmark and IVP, Others

Re:Twitter Raises $35 Million Series C From Benchmark and IV... by tdavis on Friday February 13, 2009 @03:10PM (#480329)

Just when I thought it couldn't become any more ludicrous...

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Re:Twitter Raises $35 Million Series C From Benchmark and IV... by kleevr on Friday February 13, 2009 @04:39PM (#480466)

Have they gone to plaid?

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Re:Twitter Raises $35 Million Series C From Benchmark and IV... by agotterer on Friday February 13, 2009 @04:56PM (#480503)

What are they going to spend this money on?

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Re:Twitter Raises $35 Million Series C From Benchmark and IV... by misuba on Friday February 13, 2009 @05:14PM (#480532)

My guess is that they aren't, by and large. This is a recession-insurance round, to make sure they have all the runway they need even if things get so fucked that their first shots at revenue generation don't take.

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Re:Twitter Raises $35 Million Series C From Benchmark and IV... by agotterer on Friday February 13, 2009 @05:17PM (#480539)

Fair enough... But what have they spent any money on thus far? They have a small team and a bunch of servers. I'm having trouble placing the need for this amount of money plus the other rounds.

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Re:Twitter Raises $35 Million Series C From Benchmark and IV... by agotterer on Friday February 13, 2009 @05:53PM (#480578)

To follow up... According to their crunchbase page they have raised $55M. Their website says they have 33 employees (more then I thought).

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