Comments (41)

Sep 12, 2013

I wonder why not MS

"Every man should lose a battle in his youth, so he does not lose a war when he is old"

    • 1
Sep 12, 2013

They will be one of the lead underwriters. No way GS leads this alone.

Sep 12, 2013
CodeBlue:

They will be one of the lead underwriters. No way GS leads this alone.

Yeah, MS did such a great job with FB's IPO, so they should be on the Twitter IPO too.

Sep 13, 2013
RichardPennybags:

I wonder why not MS

I hope you are being sarcastic.

Sep 12, 2013

Lead left or go home...ticker TWAT

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Sep 13, 2013

LOL

Snootchie Bootchies

Sep 13, 2013

BAML is underwriting it, too.

Source: FT

Sep 12, 2013

I have strong feeling that this one will breakout well on the launch. Also, all the talking heads are going to have a ball comparing it to the FB IPO.

Sep 13, 2013

Let's see who else they get on board besides GS and BAML. I found this to be a very interesting angle:

By submitting a filing under the Jumpstart Our Business Startups, or Jobs Act, Twitter will be taking advantage of a US law signed last year by President Barack Obama intended to induce more companies to tap the country's public markets. Specifically, companies with less than $1bn in annual revenues can keep their securities filings confidential until three weeks before the launch of an investor roadshow.

and

...the seven-year-old San Francisco company has contained the flow of information about its own IPO in the hopes of avoiding the hubris that tripped up its larger rival, Facebook.

Looks like the FB IPO did more "damage" than anyone thought...

Source: FT.com

Sep 13, 2013

I feel like twitter should be worth more than facebook

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Sep 13, 2013

6 months ago I would've agreed with you, but they've started getting their asses in gear at FB with some of the major ad-sales issues. I dunno if they're worth the valuation, but I've got much higher hopes for them now than I did at IPO

Sep 13, 2013

Look forward to seeing twitter go down hill all the way.

"It is our fate to be tormented with large and small dilemmas as we daily wind our way through the risky, fractious world that gave us birth" Edward O. Wilson.

Sep 13, 2013
Nomadchimp:

Look forward to seeing twitter go down hill all the way.

I feel like FB is far more likely to be disrupted while the Twitter concept is very unique.

Sep 13, 2013

Twitter sucks, cant wait to see it burn.

I hope this is better than the last batch of shit you gave me. Produced more wood than Ron Jeremy. I don't want you to yell, "Reco!" anymore. Know what you should yell? "Timber!" Yeah, Mr. Fuckin' wood.

Sep 13, 2013

Know what happened when FB went live on NASDAQ I wonder what exchange their going to choose.......could be fun to watch the NYSE and NASDAQ jostile for this high profile IPO.

Give me a kid whose smart, poor, and hungry...............

Sep 13, 2013

Pretty sure its less than $1bn in revenue if they are filing the S-1 confidentially (only way they are allowed to not disclose to the public?)

Sep 13, 2013

Yeah, I'm pretty sure its around $583m revenue

Sep 13, 2013

Yeah I'll edit it. Why the monkey shit though?

    • 1
Sep 13, 2013

So is it a good stock to short? At least in the beginning?

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

Sep 13, 2013

Weird that they don't have to file IPO prospectus till 21 days before offering. Also, a shit ton of articles about it on qz.com

Sep 13, 2013

Twitter is a much better platform than FB, and actually it taken pretty seriously by most corporations, news orgs, athletes, etc. I feel like FB fizzled out, and is more just a place to stalk people and look at relationships statuses. I think they're playing it safe with their valuation given what has happened to FB stock which is a good call.

Sep 13, 2013

Buy and hold baby

Sep 13, 2013

haahahhahhahha good luck with that one.

Sep 13, 2013

"Twitter has told staff that it is sometimes profitable but it is likely that the company is still loss-making most of the time. "

Source : http://www.theguardian.com/technology/2013/sep/13/...

Short this bitch.

Sep 13, 2013

Short at the gates. But who knows long term ?

Sep 13, 2013

a lot of people were saying short fb too when it was coming out

Sep 13, 2013

Twitter isn't going anywhere. Have you guys who don't like Twitter even thought about exploring how useful it is?

It is a phenomenal news source. The raid that captured Osama Bin Laden was live tweeted during the event, 9 hours before the guy realized what he was specifically Tweeting about. In many instances it can be more useful than Google when researching specific things. Not only can you find the most current information, but you have direct access to the subject-matter experts.

This is all coming from a guy who recently started using Twitter, I barely know how to use it. I'm excited to become more savvy with it. Also, I used to hate Twitter. I still hate the misuse of hashtags, but I'm mostly shielded from it as I don't use Twitter socially. My dog just farted.

Sep 13, 2013
SureThing:

Twitter isn't going anywhere. Have you guys who don't like Twitter even thought about exploring how useful it is?

It is a phenomenal news source. The raid that captured Osama Bin Laden was live tweeted during the event, 9 hours before the guy realized what he was specifically Tweeting about. In many instances it can be more useful than Google when researching specific things. Not only can you find the most current information, but you have direct access to the subject-matter experts.

This is all coming from a guy who recently started using Twitter, I barely know how to use it. I'm excited to become more savvy with it. Also, I used to hate Twitter. I still hate the misuse of hashtags, but I'm mostly shielded from it as I don't use Twitter socially. My dog just farted.

I agree with this. If you are using it as a news source, from anything to local news to sports, it can be incredibly useful. If you are using it simply as the status feature on facebook, it is a waste of time. Unless you are a celebrity.

Sep 13, 2013

At $583mm in revenue, they'll price it at $10bn and it will probably drift up to $12-$15bn. That would put it at 20-25x sales on par with Yelp or Linkedin.

Please note I'm not saying that is an appropriate model for these businesses. Its just what they seem to be trading at in the market.

Also, to those who say short at the gate, you're better off going to the roulette table.

Sep 13, 2013

Twitter is here to stay. Buy and hold. Won't blow up overnight, but there is definitely a solid revenue model and the projections are nearly a billion next year and 1.33 billion the next. Mobile ad revenue is exploding. There's no way I'd short this at launch.

"When you stop striving for perfection, you might as well be dead."

Sep 13, 2013
EvanM:

Twitter is here to stay. Buy and hold. Won't blow up overnight, but there is definitely a solid revenue model and the projections are nearly a billion next year and 1.33 billion the next. Mobile ad revenue is exploding. There's no way I'd short this at launch.

Even 20x at next year's projections put it at 20 billion plus. I like the odds here.

"When you stop striving for perfection, you might as well be dead."

Sep 13, 2013
Sep 13, 2013

Which idiot bought TWTR instead of waiting for TWTRQ?

Sep 13, 2013

I hope you're joking.

Sep 13, 2013

Once Twitter turns a profit I'd be interested, until then, I struggle to understand how they are losing so much money with the revenue and revenue growth they are seeing and for that reason I'll probably just watch this one pan out. Once they break even and enter profitability, however, their profits will likely grow at a rate much higher than that of their revenue growth. At the point it will be nice to be long, but until then, I have reservations about management and growing the user base. moms can use facebook, but twitter is a bit of different beast.

If we blame others for our failure then we should also give them credit for our successes.

Sep 13, 2013

Revenues are way lower than expected. And big losses. Damn.

Whenever one of these internet companies go public, there is so much hype around them and then the numbers don't really add up. Even Linkedin's profits are very low. I just don't know how they expect to monetize 140 character tweets. At best it's a "don't buy".

Sep 13, 2013

There is no doubt that twitter would able to reach their goal. Why don't you noticing one trend that people from all over the world have been engaging more in various types of social media sites like twitter. Twitter is also playing very important part in all types of business now a days.