Congratulations to the Twitter team, although with this being a rumour I tend to agree with Duncan Riley from the Inquisitr -
Sure, Twitter has become immensely popular, but so is email and sex, and not many people make good money from either, and at least there’s a clear revenue model.
The bigger question: what do they need another round for? They’ve raised $20 million already, with the last round being $15 million in June 2008. Either they plan on acquiring a revenue model, or they’ve run out of money already, and if that’s the case, why are they getting more exactly?