Social Media Momentum In 2013 Analyst: Twitter valued at $11 billion, IPO coming 2014
https://www.cbsnews.com/8301-205_162-57561836/analyst-twitter-valued-at-$11-billion-ipo-coming-2014/
Twitter, the micro-blogging service, may be heading toward an initial public offering, if recent reports are true that the company is valued at $11 billion.
According to Forbes, Greencrest Capital analyst Max Wolff says that Twitter may start preparing for its IPO later this year and may go public as soon as 2014. Wolff acknowledges it is difficult to pin down a hard figure, but estimates Twitter's value based on how shares trade in secondary markets online.
"Twitter is up since the Facebook IPO and is now valued at northward of $11 billion," Wolff told Forbes. "This makes sense as growth in users and new monetization efforts are both yielding fruit and pointing toward a good 2013 for Twitter."
IMO, If Markets Improve We Will See Twitter & Ortsbo IPO In 2013