Twiter goes IPO way
04/10/2013 10:17
· Twitter decided to raise $1bn from the market through its first ever IPO. Today Twitter has got 213 million users and 500 million tweets a day. This will be the next social media giant after Facebook going IPO way to raise fund. Twitter earned revenue of $254 million in the first six months in 2013and its net loss is $69. None knows reason for the loss. Its revenue model should be redefined and a new road map to be drawn to take the Company to a new growth graph.