JPMorgan Chase & Co. has invested in a fund that has bought about $400 million in Twitter Inc.

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JPMorgan Chase & Co. has invested in a fund that has bought about $400 million in Twitter Inc.

JPMorgan Chase & Co. has invested in a fund that has bought about $400 million in Twitter Inc.

Perfect Timing Don’t You think? Just earlier today “J.P. Morgan Chase “donates” $4.6 Million to NYPD” #OccupyWallStreet


Bloomberg-

JPMorgan Chase & Co. has invested in a fund that has bought about $400 million in Twitter Inc. shares, valuing the blogging service at as much as $4.5 billion, three people with knowledge of the matter said.

The fund, which has more than $1 billion, is being run by Twitter investor Chris Sacca, said two of the people, who declined to be identified because the arrangement isn’t public. JPMorgan is committing the bulk of the financing for the fund, the people said.

[BLOOMBERG]

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