Social Networking

Twiter IPO set to launch on November 15 - report

An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.


Meetup makes first acquisition, buys Dispatch

Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.

A one day-old startup may sell for USD1 billion in the near future- TheNextWeb founder

TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.

Twitter gets "buy" rating even before going public

Twitter Inc got a "buy" rating from a brokerage company even before the social media platform went public, said a Reuters report.


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According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
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