The day has finally arrived..and not too soon after, #TwitterIPO has been reported to be in the top 6 of Google trends. The hysteria is spreading like Tickle Me Elmo's during Christmas time, and all eyes are watching Twitter's stocks like a diabetic watching donuts being made at Krispy Kreme. Every twitterfan is throwing in their bones to get a piece of the IPO stocks, while being reported at somewhere in the realm of valuation at possibly more than 18 BILLION...
That's a lot of billions...
Especially for a company that doesn't really make any money.
Sporting 232 million users (how many are actually active?), it represents a huge tapping of advertising potential. Taking into consideration that Google originally wasn't a huge money-making universal omnipotent power initially until that magic Pay-Per-Click thing came into play, Twitter may yet have potential for major growth.
BBC reported the following:
"In papers filed with US regulators ahead of the listing, it was revealed for the first time that Twitter made a loss of $69m in the first six months of 2013, on revenues of $254m."
and
"But analysts say the company is showing strong signs of growth, with revenue rising from just $28m in 2010 to $317m by the end of 2012."
Even Stephen Colbert had a few words to say regarding the matter...
Whether or not anyone will actually be 'cashing in' is the question of the year. Will it be another Facebook flop w/overvalued IPO?
Last minute tweets confirm the buzzfeed:
Reuters- Twitter shares rocket 92% higher in NYSE debut, pushing its market value to a heady $25 billion http://t.co/bGqSQSQuiP— Marianna Parraga (@mariannaparraga) November 7, 2013
And...
Twitter Opens At $45.10, Stock Pops 73% In NYSE Debut $TWTR #TwitterIPO http://t.co/OPfnl2OeuKFinally this meme..
— Steve Schaefer (@SchaeferStreet) November 7, 2013
It'll be a wild ride no matter what...it'll be something to tweet about either way...
#G-Man
#G-Man
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