Tag: Twitter’s IPO

Julia Boorstin Explains Why Twitter’s IPO Is So Highly Anticipated By Wall Street Investors

Twitter is set to launch its Initial Public Offering later this week and it’s expected to raise $1 billion—depending on the IPO price. Twitter’s estimated market capitalization is between $17 billion and $20 billion.

Yet, like so many Internet companies before, Twitter makes no money. It generated a $69 million loss on revenue of $254 million for the first 6 months of 2013.

Why, then, is Twitter’s IPO so highly anticipated by Wall Street investors?

Julia Boorstin, CNBC’s crack journalist covering media and entertainment is with me to discuss this.

Bill Frank’s Guests

Here is the lineup of guests for Guests For October 5, 2013

Guests For October 5, 2013

My guests this week are Bob McCord, founding member of VREG, talking about Ventura's budget woes; healthcare expert Sally Pipes exposing the flaws of Obamacare as the Insurance Exchanges open for business; and Stuart Crain, CEO of TVTalk discussing how his app will revolutionize television viewing. Read More

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