TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Saudi prince invests $300 million in Twitter

82 pointsby pastrover 13 years ago

12 comments

latchkeyover 13 years ago
Very interesting, but it really makes me wonder.<p>If Twitter is making money, why dilute the shares with investment like this?<p>I'm sure one response is 'so they can grow the company', but that seems like a bit of a hard sell at this point.<p>How big does a company like Twitter really need to grow in order to be successful enough that they don't need to take $300 million investment deals? I mean, they are already the #1 provider of 140 character communication.<p>What is next?
评论 #3368984 未加载
评论 #3369351 未加载
评论 #3368983 未加载
评论 #3368986 未加载
评论 #3368982 未加载
评论 #3369142 未加载
cpercivaover 13 years ago
Hearing news like this, I can't help wondering what will happen to twitter if/when the Arab Spring spreads to Saudi Arabia.
评论 #3369693 未加载
评论 #3369508 未加载
评论 #3369392 未加载
nodesocketover 13 years ago
Anybody know if this was a direct investment, or through a secondary market?
评论 #3369167 未加载
iamclovinover 13 years ago
I find it interesting that a government which allegedly funds terrorism [1] also funds a company which is supposed to be the shining beacon of transparency and a tool which has been crucial to the Arab Spring movements.<p>Wonder how much of an influence this will have on Twitter's self-censorship.<p>[1] <a href="http://www.guardian.co.uk/world/2010/dec/05/wikileaks-cables-saudi-terrorist-funding" rel="nofollow">http://www.guardian.co.uk/world/2010/dec/05/wikileaks-cables...</a>
wgingover 13 years ago
How much of Twitter does that get him?
评论 #3369050 未加载
评论 #3369023 未加载
chris123over 13 years ago
Good time to reduce holdings if you're an insider or early investor.
dazbradburyover 13 years ago
If SOPA passes, surely this will be a regrettable decision...
dotcomaover 13 years ago
He was originally looking to splash money on a football (soccer in the US) club, but could not find one to buy, so... ;-)
adrianwajover 13 years ago
Feeling pwnage right now.
OoTheNigerianover 13 years ago
To those wondering if this is a secondary purchase, the keyword I see here is 'Invests'. It is very different from "Saudi Prince <i>buys</i> $300m worth of Twitter shares".
评论 #3369317 未加载
评论 #3369332 未加载
pitdesiover 13 years ago
FYI this is a secondary purchase (ie it was not an investment in twitter directly, but rather he purchased shares from other investors): <a href="http://finance.fortune.cnn.com/2011/12/19/saudi-prince-deal-for-twitter-is-a-secondary/" rel="nofollow">http://finance.fortune.cnn.com/2011/12/19/saudi-prince-deal-...</a>
presidentxover 13 years ago
Smart investment. Twitter has really changed news and personal broadcasting in ways many of us don't appreciate. And Twitter has some of the smartest people dispersing pearls of wisdom and knowledge like nowhere else.<p>Again, Twitter is a smart investment - in more ways than just money.
评论 #3370460 未加载