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Posts Tagged ‘JPMorgan Chase’

JPMorgan Looking to Own 10% of Twitter

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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JPMorgan Dedicates $200M of $1B Social Media Fund to Twitter

Twitter is an attractive investment opportunity right now, if recent rumors about JPMorgan Chase’s social media fund are any indication. The bank is planning to raise money from hedge funds and wealthy clients for a social media fund, and will be dedicating a significant portion of this fund solely to Twitter.
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