Twitter Rumored To Be Preparing For 2014 IPO
From Fast Company
January 4, 2013 - 6:51am
The shuffling around of the firm's top-deck executives all point to a readying for the public. And Twitter's worth? $11 billion, apparently. An analytic report from a firm used to sizing up businesses on their way to an IPO is suggesting that Twitter will float in 2014. Greencrest Capital, which has been vocal in its support of recent tech IPOs such as Facebook and Zynga (Editor's note: ahem...), struck a note of caution, however. Let us clash cymbals, bang drums and, in short, give praise to the beauty of hindsight. "Using the secondary market for shares to mark enterprise value is a very difficult and opaque process, said Max Wolff of Greencrest. "It is a rumor rich and special share class soup. That said, Twitter is up since the Facebook IPO and is now valued northward of $11 billion. This makes sense as growth in users and new monetization efforts are both yielding fruit and po...
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