Twitter announces planned IPO (on Twitter)

Posted By on September 13, 2013

Short and sweet. As one would expect from the 140 character social networking company.

— MT @Twitter We’ve confidentially submitted an S-1 to the SEC for a planned IPO.

But here are a few more tweets collected by the Associated Press.

— #FunFact: In the first hour of @Twitter sending that IPO announcement tweet, 7,872 people retweeted the message.

— According to @APStylebook: “The verb is to tweet, tweeted. A Twitter message is known as a tweet.”

— The company was founded 2006 by Jack Dorsey, Biz Stone and Evan Williams. Their handles: @Jack, @Biz and @Ev

— First tweet by @Jack was “just setting up my twttr” on March 21, 2006, at 3:50 p.m.

— Dorsey went on to create @Square, a system for paying for coffee, goods through phones.

— Twitter soared to popularity in 2007 at the South By Southwest Interactive festival in Austin, Texas. #sxswinteractive #Austin #BBQ

— Three years, two months and one day: The time it took from the first tweet to the billionth tweet. #CoolStat

— Users on @Twitter: More than 200 million. @Facebook has 1.16 billion. That’s nearly six times as many. #QuickMath

— A billion tweets are sent every two and a half days. Put another way, that’s three for every man, woman and child in the U.S. via @smfrogers

— The public offering comes at a time of heightened investor interest in the IPO market — 131 IPOs have priced so far this year.

— Is @Twitter trying to avoid @Facebook’s May 2012 IPO #fail? Well, company is keeping details secret for now. #TwitterIPO

— The company hasn’t said if it makes a profit or how much revenue it takes in. #FadOrFuture? Wonder if @WarrenBuffett will buy stock.

— Most of Twitter’s revenue comes from advertising. @eMarketer estimates $582.8 million this year, up from $288.3 million in 2012.

— Compare: In latest quarter, Facebook had $1.6 billion in ad revenue. By 2015, Twitter’s annual ad revenue is expected to hit $1.3 billion.

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.