Friday, September 20, 2013

Twitter IPO Announcement - $15B Valuation?

Today Twitter tweeted this news of its pending IPO:



"We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale."

According to a report from Reuters,
  • Twitter's IPO is expected to raise over $1B 
  • The IPO will take place before Thanksgiving and
  • Twitter's total valuation is estimated at around $15 billion 
What do you think about Twitter?
  • Does anyone find Twitter useful?
  • Would you invest in the stock or is it a bubble already?
  • What do you think Warren Buffett would say about Twitter valuation?
I have a Twitter account [ @KirkLindstrom ] and occasionally use it, but I spend far more time on facebook, Silicon Investor [Kirk's Market Thoughts]and Seeking Alpha.

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