Twitter Gains Amazon's (AMZN) Jeff Bezos As An Investor

June 25, 2008 5:56 PM EDT

Amazon's (Nasdaq: AMZN) Jeff Bezos, Bezos Expeditions in Seattle joined this Twitter funding round.
From the twitter blog, "Bezos (through Bezos Expeditions, his personal venture investment company) serves as more than an investor and advisor because he is also an inspiration to all of us at Twitter. Jeff's attention to business process details and distinctive, "honk-like laugh" are similarly admirable traits as far as we're concerned."

Additionally, Twitter founder Biz Stone said, "Twitter will become a sustainable business supported by a revenue model. However, our biggest opportunities will be worth pursuing only when we achieve our vision of Twitter as a global communication utility. To reach our goal, Twitter must be reliable and robust. Private funding gives us the runway we need to stay focused on the infrastructure that will help our business take flight. We will continue hiring systems engineers, operators, and architects, as well as consultants, scientists, and other professionals to help us realize our vision."

Related Categories

Corporate News

Stocks Mentioned

Related Entities

• Jeff Bezos
• Twitter

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?