Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Submission + - Tweet this Spreadsheet: Twitter's (TWT) IPO Filing reveals $79.4 million loss (wsj.com)

McGruber writes: The Wall Street Journal has the news (http://online.wsj.com/article/SB10001424052702304176904579111293482553988.html) that Twitter Inc's plans for an initial public offering to raise $1 billion in a public offering have also revealed the financials behind the company: in 2012, Twitter took in $316.9 million and produced a loss of $79.4 million.

Twitter had previously shielded these figures by filing its initial IPO documents confidentially, under a new federal law.

Twitter has struggled to keep users online after newcomers satisfy their initial curiosity. Some analysts say the service isn't intuitive. For people without political agendas, brand images or music albums to market, the notion of broadcasting musings to strangers can be perplexing and the Twitter lingo of communicating through "retweets" and "hashtags" confusing.

"They certainly have a lot of work ahead of them to get mainstream America to understand" how Twitter works, said Brian Solis, an analyst at the Altimeter Group.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Tweet this Spreadsheet: Twitter's (TWT) IPO Filing reveals $79.4 million loss

Comments Filter:

"More software projects have gone awry for lack of calendar time than for all other causes combined." -- Fred Brooks, Jr., _The Mythical Man Month_

Working...