Reading Twitter's Tea Leaves: At $11B Valuation, IPO Prep May Start In Late 2013(forbes.com)
forbes.com
Reading Twitter's Tea Leaves: At $11B Valuation, IPO Prep May Start In Late 2013
http://www.forbes.com/sites/abrambrown/2013/01/03/reading-twitters-tea-leaves-ipo-prep-may-start-this-year-offering-in-2014/
3 comments
Curious to know their financials.
From a few months ago:
http://gawker.com/5891675/
"A source with close knowledge of Twitter's financials leaked us revenue, profit, and other figures from the company's recent past. They are not encouraging."
Jan. 2011 – Apr. 2011
Revenue: $23.8 million
Net loss (non GAAP): ($25.8 million)
Jan. 2010 – Dec. 2010
Revenue: $28.5 million
Net loss: ($67.8 million)
http://gawker.com/5891675/
"A source with close knowledge of Twitter's financials leaked us revenue, profit, and other figures from the company's recent past. They are not encouraging."
Jan. 2011 – Apr. 2011
Revenue: $23.8 million
Net loss (non GAAP): ($25.8 million)
Jan. 2010 – Dec. 2010
Revenue: $28.5 million
Net loss: ($67.8 million)
Makes Groupon look good.