Yahoo! Finance is reporting on “Tech Ticker” that Twitter will be the hot topic at Herb Allen’s media conference next week with a number of companies looking for a piece, or all, of the internet company. Twitter founders Evan Williams and Biz Stone will be attending the conference and while they are not necessarily looking to cash out from Twitter, a bidder could come along with an offer too good to pass up.
Twitter has already received tens of millions of dollars from a regular batch of venture capitalists, including Union Square Ventures, Bezos Expeditions and Institutional Venture Partners, which could delay an outright sale at this time. While Facebook is apparently dying to pick up the micro-blogging site, there is no real chance for Williams and Stone to cash out by accepting shares in another private internet company.
News Corp., owner of former internet social network darling myspace.com, is also in the mix, as is Google, which appears to have the upper hand on any deal for Twitter due to Williams’ and Stone’s history at the internet conglomerate.
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