The world was a buzz last night- analysts, journalists, and bloggers were all talking about TWTR’s (Twitter’s stock symbol) S-1 filing, the US$ 1 billion dollars the company wants to raise, its valuation, and how it has yet to turn a profit (Twitter reported that it lost US$ 79.4 million on approximately US$ 317 million in sales in 2012. A greater loss is expected on greater sales for 2013.)While I’m not going to say that this data doesn’t matter (ditto for the fact that an impressive 75% of Twitter’s 218 million monthly active users (MAU) accessed the service from a mobile device), what matters more to me, and maybe to you, is how Twitter might change when it has to bow to the demands of Wall Street.
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Will Wall Street Ruin Twitter? #TWTR