VENTURE CAPITAL POST

Not many industry observers were convinced that Twitter could support its hyped company valuation pre-IPO.

Twitter recently changed its design to give users a more direct experience.

Fund managers said they were optimistic about Twitter's upcoming debut.

The New York Stock Exchange (NYSE) had approved a dry run on October 26 for trading firms to test its systems to check whether there are technical issues that could affect trading in the upcoming Twitter Inc IPO.

Twitter Inc hired former Google advertising executive J.J. Hirschle to head its retail advertising sales team days after Apple Inc announced hiring a retail division chief.

Ahead of its IPO, Twitter hired JJ Hirschle, a former Google advertising executive as the company aimed to expand its businesses and strengthened its workforce.

Twitter Inc co-founder and chairman Jack Dorsey reportedly was not the one who had let go of co-founder Noah Glass.

Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.

Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.

Twitter Inc would reportedly pay 3.25% from its upcoming public listing as fee to its bankers, sources told Bloomberg.

A new book by New York Times reporter Nick Bilton had claimed that Twitter Inc Chairman Jack Dorsey got co-founder Noah Glass booted out from the company in 2006.

An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.

Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.

Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.

Twitter Inc got a "buy" rating from a brokerage company even before the social media platform went public, said a Reuters report.