$10bn Is The Worth Of 140-Character Twitter After Going Public

Finally the wait is over and Twitter has gone public. The stock exchange valuation of Twitter is $10bn. The question is what made Twitter so popular and what will be future of this newly born IPO? The little blue bird that you see every day on the internet and in print media as well is worth $10bn now in stock market. The main reason for its success is its simplicity. If you are a Twitter user, you cannot stay away from it for more than an hour. It is observed that the people using Twitter engage in more conversations and spend more time on the social network as compared to Facebook or any other counterpart. You can share anything that you have in your mind but the character limit is 140 only. More than 220m users are active on Twitter as of now and that is one of the biggest reasons why Twitter decided to go public. The debate of Twitter going public was on for many days on social media and the news if finally out now. The value of Twitter has been estimated at $10bn in stock market. The Twitter raised $1bn in the funding and also made one of its owners a billionaire within no time. The interesting part is; all this time, Twitter was not generating any profit but in fact, it was in loss since the day it started working. Still, you may be wondering that how come a company that has never generated any profit and has always seen loss in revenue goes public for $10bn? Well, it is the users of Twitter that make it so special. Recently, twitter introduced promoted tweets and trends on its platform and people are dying to get their tweets promoted by paying money to the company. So apart from Facebook, there is another social network that has gone public. Can you imagine what’s coming next? Who knows.