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Twitter IPO could raise $1 billion, might happen quite soon

When Twitter goes public, it could raise over $1 billion in its IPO.

@anthony256
Published Sat, Sep 21 2013 9:29 PM CDT   |   Updated Tue, Nov 3 2020 12:20 PM CST

We should expect Twitter to go public in the next couple of months, but according to a report on Reuters, the social networking site might push its IPO before Thanksgiving.

Twitter IPO could raise $1 billion, might happen quite soon | TweakTown.com

One source has told Reuters that Twitter could raise over $1 billion in its IPO, and while it may sound like a lot, it is less than 1% of Facebook's record-breaking IPO which smashed through $105 billion. We don't know what Twitter will do when it goes public, but we should expect the biggest Twitter apps to go under the knife and come out looking just a little different. Let's just hope this doesn't happen to Twitter, like it did Facebook.

NEWS SOURCE:bgr.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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