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Twitter To Raise More Venture Capital – Is It Really Worth $250 Million?

By Anna Johnson on January 26th, 2009

Is Twitter worth $250 million? If TechCrunch is right, that’s the valuation at which the microblogging service will be seeking a third round of venture capital.

TechCrunch reports that Twitter has signed a term sheet with at least one venture fund to raise a new round based on a $250 million valuation.

The amount of the round is not yet known, but TechCrunch expects it to be more than the $20 million Twitter has previously raised.

Source: Michael Arrington, “Twitter Raising New Cash At $250 Million Valuation,” TechCrunch, January 24, 2009

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