Twitter Looks Set to Raise $1.75 Billion in IPO

November 5th, 2013
in contributors, syndication

by Felix Richter,

Three days before its scheduled stock market debut on Thursday, Twitter reacted to the strong demand for its initial public offering by raising the price range for its shares. The new range is $23 to $25 per share, up from $17 to $20 as initially planned.

Follow up:

Twitter is now set to raise $1.75 billion, potentially valuing the microblogging platform at $13.9 billion. Even though Twitter’s initial public offering appears small compared to Facebook’s blockbuster IPO a year ago, it is still larger than many high-profile tech IPOs over the past few decades. When Amazon, a company now worth $163 billion, went public in May 1997, the online retailer raised no more than $54 million. Even Google's IPO, arguably the second-largest internet IPO behind Facebook’s, raised less capital than Twitter is now planning to.

The sentiment surrounding Twitter’s stock market debut is largely positive. Despite the fact that some experts haven’t been too impressed by Twitter’s recent user growth, analysts are seeing no problem for the company reaching 400 million users within the next few years. Given the circumstances, it appears unlikely for Twitter to suffer the same fate its big brother Facebook suffered last year.

You will find more statistics at Statista

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved