Twitter CEO Costolo stands with co-founder Williams after the Twitter Inc. IPO on the floor of the New York Stock Exchange in New York

Twitter shares soar 73 percent in NYSE debut, finish at $44.90

(Reuters) – Twitter Inc shares rose 73 percent in a frenzied trading debut that drove the seven-year-old company’s value to $25 billion. The stock closed its first trading day at $44.90 a share from the IPO price of $26 set late on Wednesday, falling back from a near-doubling in price at a session high of $50.

Square explores IPO – WSJ

(Reuters) – Square Inc, the payment startup co-founded and headed by Twitter Inc‘s Jack Dorsey, is in discussions with banks about an initial public offering, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.

Bill Gurley_Venture Alpha 2012_horiz

Benchmark Capital is raising a new fund – Reuters

Benchmark Capital, the firm behind companies ranging from eBay to Twitter, is raising a new venture fund, Reuters reported, citing a person familiar with the situation. The fund will be about the same size as Benchmark’s previous fund, a $425 million vehicle that closed in January 2011, the person said.

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Twitter pays engineer $10 mln as Silicon Valley tussles for talent

Twitter Senior Vice President of Engineering Christopher Fry raked in $10.3 million last year, just behind Twitter CEO Dick Costolo‘s $11.5 million, Reuters reports. Welcome to Silicon Valley, where a shortage of top engineering talent amid an explosion of venture capital-backed startups is inflating paychecks.

Twitter pays engineer $10 million – Reuters

Christopher Fry is among Twitter Inc’s highest-paid executives, writes Reuters. The senior vice president of engineering raked in $10.3 million last year, just behind Twitter chief executive Dick Costolo’s $11.5 million, according to Twitter’s IPO documents, writes Reuters.

Redpoint Ventures hires former Twitter executive – Reuters

(Reuters) – Redpoint Ventures said on Tuesday it has hired Twitter‘s former head of platform Ryan Sarver to be a partner. Separately, Redpoint said it was promoting Tomasz Tunguz from principal to partner, and hiring Jamie Davidson, former vice president of product at Hotel Tonight, as senior associate.

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