This article was published on November 17, 2010

Facebook Investors DST Trying To Invest In Twitter?


Facebook Investors DST Trying To Invest In Twitter?
Courtney Boyd Myers
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Courtney Boyd Myers

Courtney Boyd Myers is the founder of audience.io, a transatlantic company designed to help New York and London based technology startups gr Courtney Boyd Myers is the founder of audience.io, a transatlantic company designed to help New York and London based technology startups grow internationally. Previously, she was the Features Editor and East Coast Editor of TNW covering New York City startups and digital innovation. She loves magnets + reading on a Kindle. You can follow her on Facebook, Twitter @CBM and .

The rumors continue…One year ago Twitter was valued at $1 billion dollars. At this valuation, they raised $100 million dollars and have raised $160 million to date.

According to a Russian investing site, Twitter’s next valuation is roughly $3.4 billion, which is enough to get more than a few investors very, very excited.

As we reported almost two weeks ago, the likely investors are Russian holding firm Digital Sky Technologies, which also invested in Zygna, GroupOn and Facebook. Yuri Milner, DST’s told Web 2.0 Summit in San Francisco that there are 25 to 30 private companies that meet his investment criteria, particularly late stage companies with over $1-2 billion valuation. When directly asked about his interest in Twitter and if they would fit this criteria, Milner responded that the company is an exception, but wouldn’t elaborate.

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