Insight Venture Partners Talks Twitter

Last Twitter funding note (I promise): Spoke on the phone last night with Jeff Horing of Insight Venture Partners, whose firm led the $100 million-ish round at the $1 billion valuation. Jeff didn’t lead the deal for Insight – that was Jerry Murdock – but clearly knows plenty about it (you don’t do this sort of deal without everyone being very fully briefed). A couple quotes:

* “We look at Twitter as almost an island onto itself. To compare it to anything else other than Facebook, or possibly Google, doesn’t make much sense to us when you look at what it’s accomplished in such a short amount of time.”

* On revenue: “For us it’s a when, not an if… We’re already seeing the ecosystem of Twitter begin to monetize.”