Is Twitter's SEC Filing Right? It's Not Saying
Twitter is too secretive for its own good. Last month, I noticed that the company had filed a Form D with the SEC, indicating that it had called down just over $17 million of a $22 million Series C round (download here). This is the same round that Twitter had previously announced without a dollar amount, and the one that Om Malik pegged at $15 million. So I made some calls to see if this was really a $22 million deal (disclaimer: I cared because such minor revelations seem to get peHUB Techmeme love). A knowledgeable source insisted that the filing was incorrect, although he/she acknowledged that the actual round size was a bit closer to $17 million than to $15 million. But that source was on background, and I’ve got a legit SEC doc in my hand. So I tried getting in touch with the company. After a few days, Twitter co-founder Biz Stone replied with
