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Twitter’s Major Investors by Phamo2006: 1:19pm On Oct 09, 2013 |
Twitter finally released its official IPO filing, revealing who its major shareholders are–and giving some idea of how much those stakes are worth. Ev Williams’s 12% stake is extremely lucrative on paper. Getty Images One big winner: Co-founder Evan Williams, whose 12% stake makes him a billionaire–at least on paper. The shares held by Twitter’s co-founder and largest shareholder are worth about $1.08 billion, according to the $9 billion valuation the company reportedly attained in private sales of its stock. Co-founder Jack Dorsey’s 4.9% stake comes to about $450 million. Major venture capital shareholders include the investment duo of Spark Capital and Union Square Ventures, who already scored a big win this year when Yahoo bought blogging service Tumblr for $1.1 billion. The two firms are listed in the filing among the six investors who hold stakes of 5% or more. The others are venture firm Benchmark Capital and two later investors, private equity firms DST Global and Rizvi Traverse. Twitter has yet to put a price on its offering, but at the $9 billion valuation, a 5% stake would be worth $450 million–the same size as the venture fund Spark closed earlier this year. Benchmark’s 6.7% stake is the only one specifically listed because one of its partners, Peter Fenton, is a Twitter director. That stake includes some stock he holds personally. The value of that stake would be about $603 million. Continue reading here: [http://global-updates..com/2013/10/check-out-twitters-major-investors.html] |
Re: Twitter’s Major Investors by fckyourman: 11:01pm On Oct 09, 2013 |
It's a bad idea for twiiter to go this way, they should look at what happend to Facebook. |
Re: Twitter’s Major Investors by Negro1: 12:51am On Oct 10, 2013 |
n what happend to facebook? |
Re: Twitter’s Major Investors by millhouse: 5:24pm On Oct 10, 2013 |
Negro1: n what happend to facebook?Abi |
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