'Tweetable' facts about IPO, more
NEW YORK — Twitter has redefined the way we communicate, get news and share tidbits of our lives. It has even been credited with starting a revolution or two. The company, based in San Francisco, announced Thursday that it intends to sell stock to the public for the first time. Naturally, it did it via a tweet. Here are some quick facts about Twitter in 140 characters or less, the limit of tweets.
- @Twitter We've confidentially submitted an S-1 to the SEC for a planned IPO.
- In the first hour of @Twitter sending that IPO announcement tweet, 7,872 people retweeted the message.
- According to @APStylebook: "The verb is to tweet, tweeted. A Twitter message is known as a tweet."
- The company was founded in 2006 by Jack Dorsey, Biz Stone and Evan Williams. Their handles: @Jack, @Biz and @Ev
- First tweet by @Jack was "just setting up my twttr" on March 21, 2006, at 3:50 p.m.
- Dorsey went on to create @Square, a system for paying for coffee, goods through phones.
- Twitter soared to popularity in 2007 at the South By Southwest Interactive festival in Austin, Texas. #sxswinteractive #Austin #BBQ
- Three years, two months and one day: The time it took from the first tweet to the billionth tweet. #CoolStat
- Users on @Twitter: More than 200 million. @Facebook has 1.16 billion. That's nearly six times as many. #QuickMath
- A billion tweets are sent every two and a half days. Put another way, that's three for every man, woman and child in the U.S. via @smfrogers
- The public offering comes at a time of heightened investor interest in the IPO market — 131 IPOs have priced so far this year.
- Most of Twitter's revenue comes from advertising. @eMarketer estimates $582.8 million this year, up from $288.3 million in 2012.
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