Data Anxiety

View photos of introduces new series of space themed Lego scenes.

dhotson:

“The secret life of punctuation”

via Trivium

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The fund hopes to acquire 10 per cent of the online messaging service for $450m, valuing Twitter at $4.5bn, according to people familiar with the plans. It is not clear if the JPMorgan fund will make a direct investment or buy out existing investors and shareholders with Twitter’s approval. But the fund does not intend to buy shares on the secondary market, the people said. The deal has not closed. 

JPMorgan’s Digital Growth Fund was established this month to give rich clients exposure to fast-growing private tech companies.

Looks like a similar deal as the one managed by Goldman Sachs for Facebook shares. Note that the publication is the Financial Times of the UK.

It is not clear whether JP Morgan intends this as a restricted offering to non-US investors only, as Goldman did with Facebook. However, the investor pool will be limited to 480 participants, which is similar to the special purpose vehicle (or Rule 144A registration) permitting a maximum of 500 investors. However, these investors can be U.S. domiciled. The Goldman deal was not restricted to overseas investors due to SEC laws, but rather due to Goldman’s own judgement. 

Here’s another data point for you:

Kleiner Perkins invested $200 million in Twitter in December 2010, implying a $3.7 billion valuation.

Note too that Morgan intends to invest the remainder of the $1.2billion available in this fund in at least one other “internet” company. Likely candidates are Zynga or Skype.

Remember, this is still rumor. 

This can be used as a reference source for More Google Products of all types, including search, coding, mobile, mail, innovation, communication and social interactions. Current through the end of…

Juicy reading from The Wall Street Journal. Article is NOT behind a pay wall.

Reader comments were entertaining too.

Embattled Libyan leader Moammar Gadhafi is set to be deserted by another close ally after his Ukrainian nurse said she was heading home.

The nurse was described in a diplomatic cable published by Wikileaks as a “voluptuous blond”…  [The September 2009 cable reported] Col. Gadhafi “relies heavily” on Ms. Kolotnytska, then 38, as “she alone ‘knows his routine.’”

The cable also reported claims from unnamed sources that the eccentric Libyan leader and the nurse, part of a retinue of four Ukrainians, “have a romantic relationship.”

This is probably a more worthwhile widget than my Magic 8 ball widget. Actually, there’s nothing wrong with that one, except for the annoying ads. This doesn’t have ads. And it features toasters. And environmental stuff. So you can feel good about enjoying toast. And widgets.