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Message
re: Twitter IPO
Posted on 11/7/13 at 10:14 am to Lsut81
Posted on 11/7/13 at 10:14 am to Lsut81
quote:
I haven't looked at their financials, but I keep hearing analysts say "Its an unprofitable company"
Obviously its not profitable right now. Its a pure growth bet that they will be able to monetize mobile ad revenues. I think they are benefiting tremendously from facebook being able to do so. Put this is a very different platform.
FWIW they did 500 million in revenues last year and lost ~650 million.
Their current market cap is 25 billion
This post was edited on 11/7/13 at 10:15 am
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