A Man Named Peter Fenton Does Not Own 6.7% Of Twitter And Other Misconceptions About Twitter's IPO Filing

As soon as Twitter filed its paperwork to go public, reporters scrambled to make sense of it all. Two bits of news circulated about Twitter's investors that weren't true.  The truth is buried here, in a deep dive about Twitter's history and founding. 1. A man named Peter Fenton does not own 6.7% of Twitter. But his firm, Benchmark Capital, does.  Fenton's name was listed on the paperwork because he's a director of the firm and, as a Twitter board member, he's also considered an "insider." That...