Wednesday, September 18, 2013

Twitter has made application for IPO


The world's largest micro-blog Twitter IPO will be announced after years of speculation. The company announced made ​​open to the public by the tweet.

On Twitter, many tech giants decided to go public after being offered to the public was the latest social networking.

Twitter CEO Dick Costolo, AllThingsD conference in July, attended the public offering to be answered about the possibility of an implicit and likened himself an American football player.


Costolo, when asked for the public offering itself "on the sidelines trying to catch a pass thrown expect a 'what are you doing after the game," he shouted players felt "like said.

Twitter may be forced to think that the world of technology public offering. One of the reasons the U.S. The Jobs Act which came into force last year. Under the law, a company with more than 2 thousand private investors need to be offered to the public. To perform the initial public offering of Twitter is known that a large number of investors and editor.


'MAXIMUM VALUE OF 10.5 BILLION DOLLARS'

According to the Guardian, Twitter, pre-IPO Stock Exchange admitted to the United States, but the company made ​​reference to a secret tweet'te appeared. The reason for this is the company's revenues under $ 1 billion.

Jobs under the law, companies with revenue under $ 1 billion IPO application can keep a secret.

Facebook, Instagram and Tumblr, Twitter and other social networks are in a great competition, the number of active users is over 200 million, 400 million and the number of passes per tweet says. Almost 60 percent of micro-blog users connecting to the mobile social network.

BlackRock'un $ 9 billion investment firm estimate of the value of Twitter. GSV Capital company slashed the value of $ 10.5 billion in May, Twitter.

Twitter, the giant of social networks is one of the latest companies to be offered to the public. Twitter LinkedIn today opened to the public prior to 32, with a market capitalization of $ 108 billion is on Facebook.


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