Twitter IPO vs. Facebook
How "Modest" Twitter Stacks Up to Tech's Biggest IPOs
This week, Twitter announced it will list its shares between $17 to $20, for a valuation of about $11 billion in the social media giant's November IPO. That's no chump change, but in Silicon Valley where the tech industry is booming, the not-yet profitable Twitter's valuation is being called modest compared to its digital competitors. But how does the micromessaging company measure up against other tech leaders' early Wall Street showings? Find out below.
At the time of its May 18, 2012, initial public offering on the NASDAQ, the social network has raised $16 billion, making it among the world's largest stock offerings.
Google's IPO on Aug. 18, 2004, brought in $1.67 billion.
Zynga
Zynga's Dec. 15, 2011, IPO raised $1 billion.
Groupon
Groupon raised $700 million with its IPO on Nov. 3, 2011.
Orbitz
Orbitz filed its IPO on July 19, 2007, raising $510 million.
Amazon
The online retailer's May 15, 1997, IPO raised $54 million.
Yahoo
On April 12, 1996, Yahoo's initial public offering raised $33.8 million.
Do you think Twitter is worth its current $11 billion valuation?
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