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Ah I see, I thought you were urging Twitter on because you hold a portion of your portfolio in TWTR. I'm baffled as to how the market valued Twitter at $45 per
by roymurdock 11y ago
Ah I see, I thought you were urging Twitter on because you hold a portion of your portfolio in TWTR. I'm baffled as to how the market valued Twitter at $45 per share up from an IPO price of $26, implying $3bn in yearly revenue. I'd also love to figure out who "the market" is behind Twitter - institutional vs. casual.
On your last point - a private liquidity event, AKA raising an investment round and offering employees the option to sell back equity? Or, could the company step out of the way completely and let banks buy equity directly from employees? (I've never worked for a company in this situation so I have no idea what the laws would allow)
- ececconi 11y agoAccording to google finance 60% of twitter is owned by institutional investors. Compare that to 67% for Facebook. https://www.google.com/finance?q=NYSE%3ATWTR&ei=z5q3VdHiDon3jAGdhIL4Cg https://www.google.com/finance?q=NYSE%3ATWTR&ei=z5q3VdHiDon3...