Tweetable facts about Twitter's IPO
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[September 13, 2013]
NEW YORK
(AP) -- Twitter has redefined the way we communicate, get news and share tidbits of our lives. It has even been credited with starting a revolution or two. The company, based in San Francisco, announced Thursday that it intends to sell stock to the public for the first time. Naturally, it did it via a tweet.
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Here are some quick facts about Twitter in 140 characters or less, the limit of tweets.
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MT @Twitter We've confidentially submitted an S-1 to the SEC for a planned IPO.
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#FunFact: In the first hour of
@Twitter sending that IPO announcement tweet, 7,872 people retweeted the message.
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According to @APStylebook: "The verb is to tweet, tweeted. A Twitter message is known as a tweet."
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The company was founded 2006
by Jack Dorsey, Biz Stone and Evan Williams. Their handles: @Jack, @Biz and
@Ev
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First tweet by @Jack was "just setting up my twttr" on March 21, 2006, at 3:50 p.m.
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Dorsey went on to create @Square, a system for paying for coffee, goods through phones.
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Twitter soared to popularity
in 2007 at the South By Southwest Interactive festival in Austin, Texas. #sxswinteractive
#Austin #BBQ
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Three years, two months and
one day: The time it took from the first tweet to the billionth tweet. #CoolStat
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Users on @Twitter: More than
200 million. @Facebook has 1.16 billion. That's nearly six times as many. #QuickMath
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A billion tweets are sent
every 2 1/2 days. Put another way, that's three for every man, woman and
child in the U.S. via @smfrogers
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The public offering comes at a time of heightened investor interest in the IPO market -- 131 IPOs have priced so far this year.
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Is @Twitter trying to avoid @Facebook's
May 2012 IPO #fail? Well, company is keeping details secret for now. #TwitterIPO
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The company hasn't said if it makes a profit or how
much revenue it takes in. #FadOrFuture? Wonder if @WarrenBuffett will buy stock.
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Most of Twitter's
revenue comes from advertising. @eMarketer estimates $582.8 million this year, up from $288.3 million in 2012.
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Compare: In latest quarter, Facebook had $1.6 billion in ad revenue. By 2015, Twitter's annual ad revenue is expected to hit $1.3 billion.
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2013 #Superbowl
performance by @Beyonce had 268 million tweets per minute, more than any other event in past two years.
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Not everybody on @Twitter
is who they claim to be. @United Airlines CEO Jeff Smisek has to
put up with @FakeUnitedJeff
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Sometimes even
missing zoo animals get their own Twitter accounts. And they can
be funny. Just read @BronxZoosCobra
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Trying to find #Religion?
More than 500,000 people look no further than @Jesus who describes himself in Twitter as "Carpenter, Healer, God."
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But 2.2 million #HarryPotter fans follow
@Lord_Voldemort7, The Dark Lord.
[Associated
Press; By SCOTT MAYEROWITZ]
With reports from AP
Technology Writers Barbara Ortutay and Anick Jesdanun.
Scott Mayerowitz can be
reached at
http://twitter.com/GlobeTrotScott.
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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