Saturday, June 6, 2015

Twitter investor: Buying Twitter makes sense for Facebook, Google, Alibaba or Microsoft

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Early Twitter investor Chris Sacca said on Friday that if the social network eventually pursued a sale, Facebook, Google, Alibaba or Microsoft would benefit most from acquiring it.

That was the gist of Sacca's latest television interview on Friday. The tech investor, who has funneled cash into more than 40 businesses, including Uber and Instagram, name-checked those four tech giants during his Bloomberg interview

"I think all of those companies would benefit strategically," Sacca said. "All of those companies would be able to explain to their shareholders why they paid a lot of money, and it would fit into a lot of those companies without competing with something else that they have." Read more...

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