Twitter reportedly kicking off roadshow Oct. 25

With IPO expected to hit in November, Twitter execs soon will start meeting potential investors

Twitter reportedly is getting ready to begin its IPO roadshow on Oct. 28 and then begin trading on Nov. 15.

The company is set to hit the road and meet with high-level prospective investors, including Goldman Sachs, Morgan Stanley and JPMorgan, between Oct. 25 and Nov. 6, according to a report from CNBC.com, which cited unnamed sources.

The company is expected to price its stock soon after the roadshow ends and launch its initial public offering on either Nov. 8 or Nov. 15, CNBC.com reported.

Twitter did not respond to a request for comment.

The micro-blogging company made famous by the 140-character tweet, is launching its IPO in the shadow of social network rival Facebook's troubled IPO in 2012. After Facebook took a year to stabilize its stock price after a disappointing launch, investors on and off Wall Street may be hesitant to put their money behind another social network.

Earlier this week, Twitter submitted an updated S-1 filing to the U.S. Securities and Exchange Commission that showed the company lost almost as much money in the July-to-September quarter of this year as it did in the first six months of 2013.

However, the S-1 documents also showed that Twitter's revenue in the three-month period was $169 million, slightly more than double the revenue the company pulled in during the same quarter in 2012.

This article, Twitter reportedly kicking off roadshow Oct. 25, was originally published at Computerworld.com.

Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at @sgaudin, on Google+ or subscribe to Sharon's RSS feed. Her email address is sgaudin@computerworld.com.

See more by Sharon Gaudin on Computerworld.com.

Read more about social media in Computerworld's Social Media Topic Center.

Join the CMO newsletter!

Error: Please check your email address.
Show Comments

Supporting Association

Blog Posts

Is AI on course to take over human creativity?

Computers and artificial intelligence have come along at an exponential rate over the past few decades, from being regarded as oversized adding machines to the point where they have played integral roles in some legitimately creative endeavours.

Jason Dooris

CEO and founder, Atomic 212

Are you leading technology changes or is technology leading you?

In a recent conversation with a chief technology officer, he asserted all digital technology changes in his organisation were being led by IT and not by marketing. It made me wonder: How long a marketing function like this could survive?

Jean-Luc Ambrosi

Author, marketer

Disruption Down Under – What’s Amazon’s real competitive advantage?

Savvy shoppers wait in anticipation, while Australian retailers are gearing up for the onslaught. Amazon’s arrival is imminent.

Thanks for picking this up. We are always happy to add richness to our products and in turn the lives of our followers and fans.

Fitbit Middle East

​Fitbit announces new virtual race platform to enhance customer experience

Read more

Thanks for a very interesting article. B2B marketing seems tricky. I think that marketing plays a vital part - it can build the brand and...

Aaren

From tactical overhead to strategic growth driver: B2B marketing in the digital age

Read more

meanwhile loads of people with digital skills are not finding work or getting an opportunity to be hired?? Double standards perhaps.

Graduate dying on centrelink

Report reveals Australia faces digital skills shortage

Read more

These laws are in one way or other giving businesses to VPN service providers & other cyber utilities. Just read PureVPN claiming 37%...

Paige Hudson

Getting prepared for mandatory data breach reporting

Read more

Great Post.Thanks for sharing such an informative article.I have worked with Ally Digital Media and it has a very good service which is b...

Utkarsh Kansara

Predictions: 17 digital marketing trends for 2017

Read more

Latest Podcast

More podcasts

Sign in