By Lauren Dugan on June 7, 2012 12:00 PM
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Posts Tagged ‘Shares’
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Firsthand Technology Value Fund has invested $1.8 million in Twitter on the secondary shares market, purchasing a total of 100,000 shares.
Private investors have pushed Twitter’s valuation up to $7.7 billion, which is more than twice its valuation just three months ago.
Love him or hate him, 50 Cent is notorious for being a shrewed businessman. And nothing showcases this trait more than his latest move to bring his Twitter followers in on one of his investments. By sending out a few tweets recommending a certain stock (in which he owned shares), 50 Cent was able to push it up by $50 million in a single weekend.