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Despite reports, Twitter funding not done

By Nicholas Carlson, 11:00 AM on Thu May 22 2008, 330 views (Edit, to draft, Top, Slurp)

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GigaOm reports: that Twitter founders Biz Stone and Evan Williams "reached an agreement with investors today to raise $15 million in funding at around $80 million pre-money valuation. "It's not true," a VC involved in the deal tells us. "Nothing is done." Silicon Alley Insider's sources concur.

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Read More: twitter, Biz Stone, Evan Williams, Fred Wilson, union square ventures, Venture Capital, Valleywag

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