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jonknee
on Sept 24, 2009
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Twitter near closing $100 mln investment deal
The ability to raise $100m doesn't mean something is useful or will be a good business. It just means some people with money to invest think it will.
onreact-com
on Sept 24, 2009
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Maybe some people throw away $100m but nonetheless I'm tired of some HN users bashing Twitter each time a twitter VC story likes this comes up.
hughprime
on Sept 24, 2009
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Whenever a twitter VC story comes up there's not much else to do
except
debate whether the company will ever be worth that much.
onreact-com
on Sept 24, 2009
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Last time it came up people were complaining how they don't use it and hate it. This is not a debate, it's nagging.
axod
on Sept 24, 2009
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So this time you decided to preemptively complain about that complaining? (Which hasn't happened in this thread yet)
Regardless, $100m seems like an awful lot :/
jonknee
on Sept 24, 2009
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It's not that they want to throw it away, but that they might be wrong. People have been wrong with a lot more than $100m at stake. $100m of other people's money at that.
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