Twitter co-founder Biz Stone has rejected the IPO rumors and widely reported notion that the popular microblogging site is in talks to sell a 10% stake to JPMorgan Chase for $450 million — which would have jacked up the site’s valuation to $4.5 billion.
Continue reading Twitter Says No Plans for IPO or Fundraising on the Horizon
Twitter Says No Plans for IPO or Fundraising on the Horizon originally appeared on DailyFinance on Thu, 03 Mar 2011 11:15:00.
Filed Under: Technology, Investing, JP Morgan Chase, Goldman Sachs , Facebook, Twitter