DateCompanySeriesFunding AmountStake Acquired
December 2010Twitter Inc.F$200,000,0005.04%
Round Details
Funding Amount$200,000,000
Valuation$3,700,000,000
Board Seats Demanded2 seats
Has Liquidation Preference?Yes
Has Anti-Dilution Protection?Yes
Investment Types
    Preferred Equity
Company Age At Funding4 years
Financials for Twitter Inc.Valuation Multiples
Total Assets 2010$221,500,000V / A16.7x
Stockholder's Equity N/AV / SE    
Revenues 2010$28,500,000V / R129.8x
Net Income (Loss) 2010($67,800,000)V / ENegative
Cash Flow N/AV / CF    
EBITDA N/AV / EBITDA    
Operating Income (Loss) 2010($66,500,000)V / OINegative
Business Description for Twitter Inc.

Twitter Inc. is a privately-held, venture capital-backed social networking company positioned on a micro-blogging platform. Twitter users post (known as "Tweets"), providing commentary, embedded media, or both. Tweets, which are limited to 140-characters, can be regularly received by users in an RSS-like feed if the user chooses to "follow" the publishing user. Twitter serves as many public figures' and brands' main public relations channel, allowing access to engaged users who may follow the company or person's tweets. Twitter was founded in 2006 by Jack Dorsey, Biz Stone, Noah Glass, and Evan "Ev" Williams, and its headquarters are located in San Francisco, California.