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The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Aug 20, 2011 · Software is eating the world. More than 10 years after the peak of the 1990s dot-com bubble, a dozen or so new Internet companies like Facebook and Twitter are sparking controversy in Silicon Valley, due to their rapidly growing private market valuations, and even the occasional successful IPO.
Mar 6, 2020 · If Facebook had owned Twitter in addition to Instagram, WhatsApp, and Messenger, it would have ended up even more powerful—and profitable—than it is now.
Apr 16, 2024 · As 2011 dawned, the firm invested over $80 million from its Fund II in private secondary shares of tech giants like Facebook, Twitter, Airbnb, Pinterest, and Groupon. In April 2011, it put nearly $11 million into a Series B funding of Tiny Speck, a small gaming startup.
In 2006, Yahoo! offered to buy Facebook for a billion dollars, and Accel Partners, Facebook’s lead investor, urged Mark Zuckerberg to accept.
Dec 24, 2022 · Co-founder Marc Andreessen was one of the people who privately messaged Musk about the Twitter deal, according to court filings.
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In 2011, Andreessen Horowitz invested $80 million in Twitter, [5] becoming the first venture firm that held stock in all four of the highest-valued, privately held social media companies at the time: Facebook, Groupon, Twitter, and Zynga. [3] .
