Twitter received funding for a $ 250 million valuation project.

The Twitter project continues to attract money from venture capitalists. During the previous rounds of financing, he received about $ 20 million. According to rumors published on Techcrunch, now we are talking about a larger amount. Funds need Twitter to simply recoup current expenses.

Neither the exact amount nor the identity of the investor is known yet (most likely, this is IVP ). According to the available information, the investments are made on the basis of a total estimate of the project cost of $ 250 million. For the current times of crisis, this is a good amount if we take into account the absence of a business model and the total loss of the project. However, the main trump card of twitter is its rapidly growing audience .

However, not so long ago, the founders of Twitter rejected Facebook’s offer to buy a project for twice the amount of $ 500 million. True, almost all of Facebook offered to take its own shares, which most likely could not be sold for a long time, so in fact The offer is not as beautiful as it looks.