San Francisco – Venture capital firm Andreessen Horowitz has
invested over $80 million in Twitter through the purchase of shares in the
company on secondary markets, All Things D reported, and the firm confirmed.
The company notably does not receive the money, but rather the Twitter
employees and other shareholders who choose to unload their shares on secondary
markets.
Sources told All Things D the company has chosen not to invest
directly in Twitter because it also has backed social media firms such as
Facebook and Foursquare.
Related Links:
http://tinyurl.com/4zvygr7
(All Things D)
