Sunday, November 03, 2013

What the Twitter IPO means

Interesting perspective piece by Quartz on the Twitter IPO:

What Twitter's IPO means

Yeah, the piece is a little depressing, but right now I am all in favor of anything that reduces demand for the Twitter IPO so that I can get in at a cheaper price. I'm not looking for a quick pop – like the 101% pop on the opening day for The Container Store (TCS) IPO last week. I see Twitter as a longer-term investment play. In other words, let the critics and know-nothing pundits bash Twitter all they want, I'm after the long-term potential – and a cheaper entry price.

-- Jack Krupansky


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