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 newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Blog Posts

Searching for social and marketing data

Many marketers, agencies - and everyone in between - get caught up on bubble references and data points. They’ll use Facebook best practice as the only best practice for Facebook executions and only consider metrics and responses of the one channel they’re expected to deliver on.

Isaac Lai

Connections strategy lead, VMLY&R Sydney

Why Australia needs more leaders

A few weeks ago, our Prime Minister, Scott Morrison took it upon himself to tell companies and their CEOs where to go when it came to societal issues. It wasn’t an organisation’s place to get involved. Instead, he said it should be left to governments to solve societies challenges.

Dan Banyard

Managing director, Edentify

3 skills you need to drive better collaboration

A study published in The Harvard Business Review found the time spent in collaborative activities at work has increased by over 50 per cent in the past two decades. Larger projects; complicated problems; tighter timeframes: These require bigger teams with specialised skillsets and diverse backgrounds, often dispersed globally.

Jen Jackson

CEO, Everyday Massive

Informative blog. Xero is a well-known revolutionized accounting software, specifically developed to provide best User Experience and mak...

NavkarConsultancyServices

Xero evolves to fit a changing marketplace

Read more

>Writes article about how to show diversity in an authentic way>All featured opinions are from white women

Jennifer Metcalfe

Food for Thought: How can brands show diversity in an authentic way?

Read more

Excellent post, congratulations !!! - Prof Paulo Coelho | https://www.drpaulocoelho.c...

Prof Paulo Coelho

The B2C and B2B marketing transformation helping Invisalign win more smiles

Read more

Great article - but regarding "For a team to achieve their full potential, Edmonson also advises leaders balance psychological safety wi...

Sim

3 skills you need to drive better collaboration - Business leadership - CMO Australia

Read more

I would invest money in machine learning. I think it's important to do that. Don't you agree?

Polly Valentine

Metcash to use AI for promotional planning optimisation in liquor division

Read more

Latest Podcast

More podcasts

Sign in