Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Goldman Sachs Group, Inc. (GS), Facebook Inc (FB): The Data Behind The Twitter IPO

It’s finally here, Twitter has officially filed for an IPO! Thus far, there is little to know outside of the tweet above and rumors that Goldman Sachs Group, Inc. (NYSE:GS) will be the lead underwriter on the deal. The social networking company used a provision in the JOBS Act which allows “emerging growth companies” to submit an S-1 filing to the S.E.C. for confidential review.

Looking to avoid the mistakes of Facebook Inc (NASDAQ:FB)’s IPO disaster, this move will allow Twitter to keep all financial data, past, present, and future, under wraps until the investor roadshow begins. According to David Pakman, partner of VC firm Venrock, this should only serve to benefit Twitter and investors.

“By the confidential filing, it will hopefully be able to keep expectations down a bit, and hopefully use a different pricing strategy than Facebook.”

Below is data, both Twitter-specific and industry-wide, and as you can see at this point, numbers are merely estimates from third parties.

Floating Path explores economic and cultural phenomena, and hopes to educate, inspire and provoke. Discover their wide range of daily content here.

Loading...