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Saudi Prince Invests $300M in Twitter

Saudi billionaire Prince Alwaleed bin Talal and his investment company said Monday they are investing a combined $300 million into Twitter, giving the microblogging site a cash boost as it looks to entice more users and paying advertisers.

Senh: Twitter can't go public until they can demonstrate some kind of revenue stream. Looks like they're getting private money to make that happen. Without a decent revenue stream, they can't go public. They can, but it would probably tank after the initial round of trading.

 

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