Twitter co-founder Biz Stone is completely denying the rumors that JPMorgan will invest $450 for a 10% stake in Twitter. He has come on record to say that Twitter has no plans to go public in the near future, nor does it need additional capital from an outside source, as it is making money on its own.
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We're kicking off our upcoming June Social Media Marketing Boot Camp session with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here.
New information has been uncovered about JPMorgan Chase’s social media fund, and the importance that it is putting on Twitter. The fund, known as the J.P. Morgan Digital Growth Fund, will value Twitter at $4.5 billion, and is hoping to purchase 10% of the company for $450 million.
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