twitter-ipo

Protesters at Twitter HQ Fight for San Franciscans #ThrownOutByTwitter

Nitasha Tiku · 11/07/13 07:45PM

Twitter's austere approach to its initial public offering was not enough to placate San Francisco's have-nots. A coalition of tenant advocates, seniors, workers, and students gathered outside the company's Mid-Market headquarters today, in the middle of Twitter's stock market debut, to draw attention to corporate tax breaks and what the group claims is Twitter's role is "displacing thousands of families, seniors, and working people in San Francisco," according to a press release.

Reminder: The Twitter IPO Won't Make You Rich

Sam Biddle · 11/07/13 09:41AM

It's Facebook Twitter IPO day! After months of SEC reviews and roadshows and profiteering, FB TWTR will finally take its place in the Nasdaq NYSE menagerie. Time to start digging up your backyard bullion stash, right? Wrong. For the average guy the Facebook IPO is strictly Like Fave, don't touch.

Twitter Sued for $124 M. for Pumping Investor Interest Before Its IPO

Nitasha Tiku · 10/30/13 02:18PM

Two financial firms filed a lawsuit in Manhattan federal court today alleging that Twitter had them organize a private sale of its shares and then cancelled the sale—all for the purpose of ratcheting up investor interest prior to its IPO. The complaint accuses Twitter of "using the aborted sale as a way to give the money-losing company a $10 billion market valuation and higher IPO price," says Reuters.