There was some excitement generated this weekend when rumor spread about Twitter nailing down a third round of venture capitalist funding, effectively raising its value to as much as $250 million. 
That’s pretty good for a company that generates no revenue. Even better that Biz Stone and Evan Williams were able to do that in a notoriously tight investment market. After all, the $100 billion Facebook Web 2.0 bubble glory days are decidedly over.
Peter Kafka
TechCrunch reported Twitter’s funding success over the weekend, citing as per usual undisclosed knowledgeable sources.
Kara Swisher
No revenue, huge valuation, stubborn and risky devotion to autonomy, unwillingness to get while the getting’s good: sounds like a match made in social networking heaven. Indeed,
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