New York venture capitalist Fred Wilson, a managing partner in Union Square Ventures, has become the earliest Twitter backers set to cash in on the company's public debut, along with a few others.
According to the New York Post, when Twitter was barely a twinkle in co-founder Jack Dorsey's eye, Wilson, was one of the few investors to see its potential to change the world, and make a lot of money in the process.
Wilson invested in Twitter in 2008, when its value was pegged at around 100 million dollars, the report said.
Today, analysts say the IPO could value Twitter at a whopping 10 billion dollars, the report added.
Along with Wilson, other early investors include Amazon boss Jeff Bezos, Ron Conway, Marc Andreessen and Twitter CEO Dick Costolo, the report further said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app