Kara Swisher in News on November 25, 2008 at 3:51 am PT
There are two schools of thought about Twitter’s decision not to sell itself to Facebook, as it did not in the fail-whale of a deal that BoomTown reported on yesterday.
Here’s my favorite quote from an Internet exec who thought the microblogging service’s decision to turn down $500 million in stock (and some cash) in the hot social-networking site was–
how can I put this delicately?–stupid:
“If Twitter turned down 500m in stock, they should go see a shrink.”
But, others disagreed, with another big Web player noting: “Why should Twitter hitch itself to Facebook’s horse, when they don’t have too?”