Reminder: The Twitter IPO Won’t Make You Rich

Reminder: The Twitter IPO Won't Make You Rich

It’s Facebook Twitter IPO day! After months of SEC reviews and roadshows and profiteering, FB TWTR will finally take its place in the Nasdaq NYSE menagerie. Time to start digging up your backyard bullion stash, right? Wrong. For the average guy the Facebook IPO is strictly Like Fave, don’t touch.

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Twitter To Sell 70 Million Shares At $17 To $20

Twitter To Sell 70 Million Shares At $17 To $20

Earlier today we reported that Twitter IPO price range will be unveiled soon, and the company has finally filed a new document with the SEC that details exactly how much it wants for the shares its willing to sell. According to the document, Twitter is going sell 70 million shares in the price range between $17 and $20. The microblogging network will raise nearly $1.4 billion dollars if we go by these figures, becoming the second biggest tech IPO since Facebook last year with the company itself valued at $10.9 billion.

IPO is now set to price on November 6th and some expect the IPO to be conducted prior to Thanksgiving. Twitter hasn’t said as yet exactly when we can expect its shares to be listed for open market trading. Twitter has already picked a exchange it wants to be listed on, the iconic New York Stock Exchange or the NYSE. The company didn’t go for Nasdaq, where Facebook is listed. One of Twitter’s biggest challenges is going to be convincing investors that it can generate money off of the tweets of its more than 200 million global users, Twitter may have doubled its annual revenue, but it is yet to turn a profit. We’ll have to wait and see what Twitter intends to do in the future in order to generate more revenue and value for shareholders.

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  • Twitter To Sell 70 Million Shares At $17 To $20 original content from Ubergizmo.

        



    Twitter IPO Price Range Reportedly Being Set Soon

    Twitter IPO Price Range Reportedly Being Set Soon

    Last month we reported that Twitter had filed a S-1 form with the SEC, revealing that it is planning to go public. Twitter’s IPO is one of the biggest tech related initial public offerings of this year. Rumors of the microblogging network going public escalated after Facebook conducted its IPO last year, raising $105 billion in the process. Though up till now, no one knows exactly what Twitter IPO price range is going to be. According to a new WSJ report, Twitter might decide on a price range for its offering in the next couple of days.

    As per the report, Twitter may “price the deal” as early as November 6th. It seeks to raise $1 billion. The IPO date is not known as well, though it is believed that Twitter is seeking to go public by next month, presumably before Thanksgiving. Once the deal has been priced, Twitter can then start courting investors to put in their money in its shares. The company itself hasn’t dropped any hints about the price range or when we can expect its shares to be listed for trading in the open market. Twitter is the world’s second biggest social network with more than 200 million monthly active users, the money it ends up raising from the IPO will help it in expanding its operations.

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  • Twitter IPO Price Range Reportedly Being Set Soon original content from Ubergizmo.

        



    Twitter IPO Filing Now Public

    Twitter IPO Filing Now Public

    Twitter announced a few weeks back that it had filed a S-1 form confidentially with the Securities and Exchange Commission. The form lists various details about a company’s business, including its financial details, and its filing is mandatory before a company seeks to go public. Twitter IPO is expected to be the second biggest tech IPO in recent times, after Facebook went public last year. Twitter has now made its IPO filing public, revealing that it hopes to raise $1 billion by puttings its shares for trading on the open market.

    The S-1 filing also indicates that Twitter has 215 million monthly active users and that in the first six months of 2013, it brought in $253.6 million revenue. Twitter hasn’t made a profit though, its net loss has actually increased by 41 percent and now stands at $69.3 million. The reason why Twitter confidentially made the filing first is because it wanted to suppress the unnecessary hype that would have created, the JOBS act awards this luxury to emerging companies. The filing was actually made back in July, Twitter kept a lid on it until September. The lead underwriter for Twitter IPO is Goldman Sachs, while a number of other major financial institutions are involved as well. Since its now in the public domain, anyone can read the Twitter IPO filing, it will be a particularly interesting read for those who would be willing to invest in Twitter stock once it becomes available for purchase.

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  • Twitter IPO Filing Now Public original content from Ubergizmo.

        



    Twitter IPO Filing Will Reportedly Be Made Public This Week

    Twitter IPO Filing Will Reportedly Be Made Public This Week

    A couple of weeks back Twitter announced, via what else, Twitter that it is seeking to go public. The company filed a S-1 form confidentially with the Securities and Exchange Commission. The luxury to do so confidentially is allowed by the JOBS act to emerging growth companies. The form itself isn’t an offer for sale of securities, it basically lists the company’s basic financial and business information that is related to its securities offering. Reuters reports that Twitter’s IPO filing may finally be made public later this week.

    Currently, Twitter is said to have an estimated value of $15 billion. It is believed to be the second biggest technology related IPO since Facebook went public last year. Specifics about the initial public offering are not available as yet, it is not known what the IPO date is and what the target price is going to be. Still, there are a variety of factors that can delay Twitter’s IPO, from changing market conditions to changes made to its prospectus. Apparently the company is inclined more towards the New York Stock Exchange over Nasdaq for the initial floating of its securities. Rumor has it that Twitter aims to have its shares trading in the open market before Thanksgiving, which falls on November 28th.

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  • Twitter IPO Filing Will Reportedly Be Made Public This Week original content from Ubergizmo.

        



    Twitter IPO Date Expected To Be Set Before Thanksgiving

    Twitter IPO Date Expected To Be Set Before Thanksgiving

    Last week Twitter formally announced that it is seeking to go public, it finally made the announced after endless speculation. It has already filed a confidential S-1 with the Securities and Exchange Commission. Analysts have been wondering exactly when the Twitter IPO date will be set. Reuters, citing inside sources, claim that the microblogging network is aiming to have its shares trading on the public market before Thanksgiving, this year. Twitter is apparently planning to raise over $1 billion from its IPO. It is poised to be the biggest tech initial public offering since Facebook went public last year.

    As per the report, Twitter has picked Goldman Sachs as the lead underwriter. Other financial institutions such as Morgan Stanley, Bank of America and JP Morgan are said to be involved as well. Analysts have pegged Twitter’s value at $10 billion in the past, but now folks on the Street seem to think that the company is worth roughly $15 billion. Twitter has been around for over seven years and it boasts some 200 million monthly active users. If these inside sources are telling the truth, and Twitter is able to raise a $1 billion before Thanksgiving, then come Turkey Day, Twitter will have quite a lot to be thankful for.

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  • Twitter IPO Date Expected To Be Set Before Thanksgiving original content from Ubergizmo.