Interesting numbers from Twitter's IPO
- Article by: The Associated Press
- Associated Press
- November 7, 2013 - 9:05 PM
For a while, Twitter users only had to worry about one number: 140, the maximum number of characters allowed in a tweet. Now that Twitter Inc. has become a publicly traded company, plenty of other numbers have taken center stage.
Here are some interesting figures from Twitter Inc.'s historic IPO:
— $1.8 billion: The amount that Twitter Inc. raised for itself on Wednesday night.
— $13.1 billion: The amount that Twitter's market value grew on its first day of trading Thursday.
— 35: The percentage of people who think Twitter will be successful in five years, according to an AP-CNBC poll.
— 55: The percentage of people who have never noticed an ad on Twitter.
— $26: The share price offered to institutional investors Wednesday night.
— $44.90: The closing price of Twitter shares on Thursday.
— $30: What Pivotal Research analyst Brian Wieser says Twitter shares are worth.
— 232 million: The number of monthly active Twitter users in the quarter through September.
— 39: The percentage growth in active users from a year ago.
— $134.47: The market value of each Twitter user.
— 2006: The year the first tweet went out.
— 2015: The year most analysts expect Twitter to become profitable.
— 28: The multiple used to value Twitter based on its 2013 projected revenue at its IPO price.
— 16: The multiple Facebook shares trade at based on 2013 projected revenue
— 7: What Google's shares trade at based on 2013 projected revenue.
— 117.7 million: The number of Twitter shares that changed hands Thursday.
— 70 million: The number of shares Twitter actually issued, excluding optional additional shares based on demand.
— $2.56 billion: The value of co-founder Evan Williams' shares.
— $1.05 billion: The value of chairman Jack Dorsey's shares.
— $345 million: The value of CEO Dick Costolo's shares.
— $0: The value of two scratch-off California lottery tickets found on a rough street outside of Twitter's San Francisco headquarters.
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