Last year when Facebook Inc went public, investors rang off the hook as clients called Granite Investment Advisors. However, the public debut of Twitter Inc did not receive as much calls as Facebook did last year. In fact, no calls were fielded as of Friday morning, said a Reuters report.
Investors were clouded with Facebook's IPO last year. This was after a disappointing 2012 debut that dampened enthusiasm among investors for Twitter Inc's debut.
Like Facebook, Twitter enjoys strong brand recognition that would be translated to outsized retail investor interest. This was one of the reasons why the social media giant was able to raise its debut price to USD38 per share piece. With its tender price offered, Facebook was valued USD100 billion. This was more than 99% of the social media's 2011 earnings.
More than a year after it went public, Facebook was not able to regain its IPO valuation until August this year. Meanwhile, Twitter was expected to go public before Thanksgiving. The social network platform had not yet set its price for the IPO. According to a report from Reuters, Twitter could seek a valuation of at around USD10 billion.
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