Felix Investments is setting up a “special purpose” secondary fund to invest in Twitter. The valuation of Twitter connected to this special purpose fund is $4.1 billion. This valuation isn’t too exaggerated when comparing Twitter’s valuation on their venture capital term sheets. When Kleiner Perkins invested $200 million in Twitter last month, the Internet company became valued at $3.7 billion. Below is an e-mail that Felix sent to potential investors [Note: Pipio is "tweet" in Latin]:

Badgeville is a service where you can check-in to websites. Similar to Foursquare, you can earn badges for checking in to certain websites for a specific amount of time. Badgeville has raised $2.5 million in Series A funding. Investors in this round of funding include Maynard Webb (eBay COO), Joe Lonsdale (Palantir Founder), Pejman Nozad, Zain Khan, Felix Investments, and senior execs from PayPal, Chegg, Shopping.com, Drugstore.com, and Warner Music. Badgeville is working with over 1,500 companies to offer them real-time analytics about people visiting their website. Partners that signed up include Comcast Sports, Philly.com, and The Next Web. [TechCrunch]