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December 19, 2011 12:55 pm GMT
In what is bound to be a controversial move, a member of the Saudi royal family has invested $300 million in Twitter. This morning, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, founder and CEO of Kingdom Holding Company and one of the wealthiest people on the planet, announced the investment, which was reported first by Bloomberg.In a statement, Twitter's newest equity holders say that the investment was the result of "several months of negotiations and comprehensive due diligence".
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Xl_SW9pX9Os/
Saudi Prince Pumps $300 Million Into Twitter
In what is bound to be a controversial move, a member of the Saudi royal family has invested $300 million in Twitter. This morning, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, founder and CEO of Kingdom Holding Company and one of the wealthiest people on the planet, announced the investment, which was reported first by Bloomberg.In a statement, Twitter's newest equity holders say that the investment was the result of "several months of negotiations and comprehensive due diligence".Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Xl_SW9pX9Os/
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