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1.16B in funding, any ideas on profits and how much they ask to get via IPO? http://www.crunchbase.com/company/twitter http://www.crunchbase.com/company/twitte
by joering2 13y ago
1.16B in funding, any ideas on profits and how much they ask to get via IPO?
http://www.crunchbase.com/company/twitter http://www.crunchbase.com/company/twitter
- bolder88 13y agoprofit? What relevance has profit to tech companies?!
- hrasyid 13y agothe prospect of future profit allows them to get funding..
- aaronblohowiak 13y agoRevenue must be <$1b/year to qualify for the filing technique they used. No indication of profit, but if you know the cap on their revenue and estimate their costs based on the number of employees and what has been disclosed about their datacenters...
- coloneltcb 13y agoPer the updated article, we at least know revenues are sub $1B, as this is a requirement for being allowed to file confidentially