Also in this playlist...
This transcript is automatically generated
After months of speculation.
We finally have an answer Twitter is going public the social media -- announced plans to file for an initial public offering sometime in the near future.
And for the first time the average investor will be able to invest in the San Francisco based company.
It's the most high profile company to go public since FaceBook.
But the question remains is the stock a buy according to some investors it all depends on how much the company is worth.
Looks like -- about 580 million dollars in revenue according to.
That's doubled from -- to all of them around 200 in eighty million dollars so you don't know where it's going from here -- -- valuation it's all valuation.
We don't know the exact date when shares will start trading but we do know that Twitter represents a fundamental shift in US companies.
While it may be worth billions -- only employs about a thousand people so big money doesn't really mean a lot of jobs.
Did you 300 people working FaceBook it's a hundred billion dollar valuation.
120 million valuation for -- 278000.
Employees that's the difference that's what -- -- jobs.
Job creator -- not Twitter is going public and while it may take as long as six months for the stock to hit the open market you can bet there are some investors that will be buying.
A lot of foxbusiness.com for more in new York -- -- -- --
Filter by section