Twitter Assigned BB- CCR Rating by S&P

The transcript discusses Twitter's unsolicited corporate credit rating by S&P, highlighting its $1.8 billion in convertible notes due in 2019 and 2021. S&P suggests Twitter may not generate positive cash flow until 2016 if it continues aggressive growth investments. Despite strong brand recognition and a large audience, Twitter faces competition from companies with deep pockets, notably Facebook.

What financial figure is associated with Twitter's convertible notes?

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What is mentioned about Twitter's investment strategy in relation to cash flow?

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