2 ms·
Where did all that cash come from?
by 8ig8 12y ago
Where did all that cash come from?
- mikeyouse 12y agoFrom their SCFs, they raised $2.1B in last year's IPO, $300M in follow-on equity sales and $1.7B in convertible debt. They had great timing on the debt though, it's price basis was at a stock price of $75 (It closed today at $41).[1] http://www.forbes.com/sites/steveschaefer/2014/09/12/twitter-takes-advantage-of-soaring-stock-with-1-3b-convertible-debt-offering/ http://www.forbes.com/sites/steveschaefer/2014/09/12/twitter...