Linked by Thom Holwerda on Thu 12th Sep 2013 23:00 UTC
In the News
The long-awaited day has come.

Twitter, the 200 million user microblogging service, has filed for its initial public offering. Fittingly, the only public acknowledgement came in the form of a simple tweet.

"Long-awaited"? Wait, people actually waited for this?

Must not have a lot going on in their lives.

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RE[2]: Get some dough
by unclefester on Fri 13th Sep 2013 08:34 UTC in reply to "RE: Get some dough"
unclefester
Member since:
2007-01-13

Twitter reported a 2012 "profit" of only $3.1 million on revenue of $245 million. [This profit is almost certainly a result of creative accounting.] This means Twitter has a realistic valuation of less than $50 million.

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