Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
Consumer Web/Social Media
NYSE does system check in anticipation of Twitter IPO
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
Twitter's attrition rate poses risk for investors in IPO- report
Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.
Flint Mobile closes Series B round with USD6 million in capital pledges
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Twitter shares priced between USD17 and USD20
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
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The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.
The Wall Street Journal reported that Netflix was in early-stage talks with US cable companies to make its streaming video service available to subscribers using their set-top boxes.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
Marc Ecko told the Business Insider that the USD 25 million investment received by his company Complex Media would be used to benefit its shareholders.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
