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Category: Technology Author : Duncan Riley Posted: February 23, 2009
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Twitter Chairman confirms turning down $500 million Facebook offer


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Did they or didn’t they? Back in November it was reported that Twitter turned down a $500 million offer from Facebook, but as far as we know the story was never confirmed. Until now.

Michael Brunnbauer (GQ_Germany on Twitter) asked former Twitter CEO, now simply Twitter’s chairman Jack Dorsey about the deal, writing:

@jack Last Question: Facebook offered you 500 Mio. Dollar – you and your partners refused the offer. Why?

The response:

@GQ_Germany It wasn’t meant to be at this time.

Of course Dorsey could just be saying a deal with Facebook wasn’t meant to be as opposed to confirming the $500 million (although he makes no attempt to deny the figure either), but either way the tweets confirm the talks, and the offer being turned down.

The question and answer above and below, and thanks to Drew Olanoff for the tip.

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Comments


4 Archived Responses to “ Twitter Chairman confirms turning down $500 million Facebook offer ”

  1. secretsushi
    Feb 23, 2009

    They are one of the few companies/services that can actually do this. Compete said Twitter grew over 800% last year. I don't see it stopping anytime soon. Based on a discussion I saw with Evan Williams on CSPAN recently, they have a lot of good stuff in the pipeline including a plan to go after revenue.

  2. John Furrier
    Feb 24, 2009

    this is nice reporting

  3. UL UL ALBAB
    Apr 24, 2009

    Hi, I dont know whts up. Plz give me 1ly 1 million dolar. Ill try to help the poor.


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  1. Feb 24, 2009 : Confirmed Twitter Turned Down 1/2 Billion Dollars From Facebook « SiliconAngle