Firsthand Technology Value Fund Invests in Twitter

Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC), a publicly-traded venture capital fund that invests in technology and cleantech companies, has completed the purchase of 100,000 shares of Twitter, Inc. common stock for approximately $1.8m.

Twitter is the micro-blogging service with more than 140 million active users.

Firsthand Technology Value Fund also said that its top five holdings as of April 30, 2012 were Facebook, Intevac (NASDAQ: IVAC), Silicon Genesis, Yelp, and Gilt Groupe, which constituted 18% of its estimated gross assets.



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