Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.
Tags: Facebook
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Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
After making its IPO intentions public, the choice of the bourse to register takes centerstage for microblogging service Twitter.
According to two unidentified sources, China would be opening its Internet portals to Facebook and other websites in the free trade zone in Shanghai.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
