A tweet gets sent during a football game.
The money would come out of J.P. Morgan Chase's $1.2 billion digital growth fund and push Twitter's valuation to north of $4 billion.
The irony is J.P. Morgan Chase said the fund was going to be invested in companies with "established business models and steady revenue before they go public." Both of which Twitter does not currently have.
So why would J.P. Morgan Chase be interested?
It's most likely betting on the future and that close to 200 million users will eventually translate into solid growth and profit.