In an obvious move to position the company towards a planned IPO 2014, Twitter has allowed today LOLcats translation capabilities to their user profiles.
The translation service sometimes obtuse in the kind of tiredness, but still funny LOLcats meme is intended to serve as a starting point in efforts to please start at the end volatile financial markets. This is the latest in a series of strategic moves of Twitter in its plan to go public.
LOLcats building up the company’s liquidity has allowed employees in a series of two bids and video released with the help of recent acquisition Vine. Recently picked TV Startup Labs analysis bluefin to further consolidate its foray into video.
The offer Blackrock offer valued the company at $ 9 billion, with employees offered $ 17 per share, but we have heard that the market value of the shares of Twitter is closer to $ 20 per share, as evidenced in this appraisal report back Dan Primack. It is rumored that the company expects to bring in $ 1 billion in revenue by the end of 2013.
We’ve been hearing from multiple sources that the company expects IPO by this time next year – and that the document s-1 should fall in the second half of it. Following the example of Facebook, Twitter CEO Dick Costolo recently told the Wall Street Journal that “what Twitter is more understandable for newcomers so that the service can break one billion users” was the top priority of the company.
As you look at the way the NASDAQ, Twitter has become notoriously tight liquidity, trying to avoid a situation emulating Facebook, where many institutional investors already owned shares before the IPO. Facebook allows users to translate their profile pages on pirate before its IPO, although it is not clear what effect it had on the population.