Saudi Investor Prince Alwaleed Makes A $300 Million Twitter Investment

princealwaleedbintalal waving tbi

Twitter is getting a $300 million investment from Saudi investor Prince Alwaleed, according to his Kingdom Holding company.

Other than the size of the investment, almost nothing seems to be known about it.

We don’t know if Alwaleed was buying equity from current investors/employees, or if Twitter was issuing fresh stock for him.

Twitter’s most recent round of funding valued the company at $8.4 billion.

Update: Dan Primack at Fortune reports the investment was a secondary deal. Alwaleed bought $300 million in shares from existing Twitter employees.