The first thing that struck me about the Twitter IPO news was…didn’t they learn from Facebook?
It makes sense – the company has about 200 million users now and is well primed to open up to the public market. Apparently, expert analysts were expecting an IPO sometime in 2014, not this year.
Companies that choose to file confidentially must meet specific criteria, one of which is annual revenue of less than $1 billion. Which, of course, is exactly where Twitter is circa 2013. Recent secondary market transactions have suggested Twitter’s price is closer to $10 billion.
In learning from the big bad Facebook IPO, what do you predict will happen with the little blue bird and it’s very large following?