Seed Investor's Guide to Finding the Next Twitter

jordancooper.wordpress.com

Honest question: Why is everyone convinced that Twitter is such a great investment? How seriously should we take that $1B valuation?

Also, haven't the seed investors pretty much been priced out of the later rounds? Isn't that a bad thing (for them)?

When a company raises capital at a $1 Billion valuation, the dilution to early investors who do not participate is minimal...