We’re getting increasingly close to a complete picture of what Twitter‘s initial public offering (IPO) will look like. The social network has filed an amendment to its S1 filing with the US Securities and Exchange Commission which reveals that it will trade on the New York Stock Exchange under the symbol “TWTR”.
One reason for this is that it’s still some way behind where Facebook was, both in terms of advertising revenue and user numbers. A fall in its stock price similar to what Facebook faced could do a lot more damage to it than it did the world’s largest social network.
It would therefore probably be in its best interests that it follow the example of LinkedIn as closely as possible and approach the IPO carefully and with the right revenue models in place.
Perhaps the biggest one is what price it’ll go public with. That’s something though that we’ll most likely only find out once it’s done with its investor road show.