Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 25 October 2013 12:36

Twitter IPO seems more reasonable

Written by Nick Farrell

Don’t want a repeat of Facebook fiasco

Desperate to avoid a report of the Facebook fiasco, Twitter has set its IPO valuation at something passing for reasonable.

Twitter said that its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. This is more conservative than the $15 billion some analysts had predicted for the social notworking outfit.This might attract investors who might consider the money-losing company's listing price a better deal, with room to rise.

Twitter had signaled for weeks it would price its IPO modestly to avoid the sort of stock plummet that spoiled the Facebook IPO. It means that it is expected to sell its 70 million shares between $17 and $20 apiece.

Twitter's offering will be the most high-profile Internet IPO since Facebook's May 2012 disaster which took the company a year to recover from. The difference is that Twitter is not a profitable company yet.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments