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Report: Andreessen Horowitz Invests $80 Million in Twitter
/ February 10, 2011 6:50 am

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)


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