jackwilson (True Core Lover): Finances : In total, Twitter has raised over US$57 million from venture capitalists. The exact amounts of funding have not been publicly released. Twitter's first round of funding was for an undisclosed amount that is rumored to have been between $1 million and $5 million.[17] Its B round of funding in 2008 was for $22 million[18] and its C round of funding in 2009 was for $35 million from Institutional *
06-03-10 - 00:44:25

jackwilson (True Core Lover): Venture Partners and Benchmark Capital along with an undisclosed amount from other investors including Union Square Ventures, Spark Capital and Insight Venture Partners.[17] Twitter is backed by Union Square Ventures, Digital Garage, Spark Capital, and Bezos Expeditions. . . *
06-03-10 - 00:45:21

jackwilson (True Core Lover): The Industry Standard has remarked that Twitter's long-term viability is limited by a lack of revenue.[20] Twitter board member Todd Chaffee forecast that the company could make money from e-commerce noting that many users may want to buy items directly from Twitter since they already use it to get product recommendations and since companies already use it to promote products.[ *
06-03-10 - 00:48:50

jackwilson (True Core Lover): Some of Twitter's documents covering revenue and user growth were published on TechCrunch after they were retrieved by the hacker, Croll Hacker. These contained internal projections that in 2009 they would have revenues of $400,000 in the third quarter (Q3) and $4 million in the fourth quarter (Q4) along with 25 million users at the end of the year. *
06-03-10 - 00:49:07

jackwilson (True Core Lover): The projections for the end of 2013 were $1.54 billion in revenue, $111 million in net earnings, and 1 billion users.[1] No information about how Twitter plans to achieve those numbers has been published. Biz Stone published a blog post suggesting legal action for revealing the details was a possibility.[22] *
06-03-10 - 00:49:19