Kara Swisher from All Things D has the exclusive story that is just breaking about Twitter getting another huge investment from Andreessen Horowitz group to the tune of $80 million.
Sources said that the firm made the move because it is already deeply invested in other key companies in the social space, including gaming giant Zynga, location-focused Foursquare, discounting phenom Groupon and general social networking behemoth Facebook.
Apparently, Twitter makes it a full basketball team.
The investment by the firm gives more perceptual heft to Twitter, which is still trying to create a lucrative business model for itself.
At some point this type of business model is going to go stale and all those investors are going to want to see a return on their money.