Surprisingly, Twitter is not profitable in 2013. The revenue which is $422 million dollars is lower than the cost $548 million. However, investors do not care about this and Twitter prepares to feed new hunger for I.P.O.
Twitter is planning to sell its shares at17$ to 20$, less than what many optimistic analysts had expected. I believe that since companies are more willing to price their offerings slightly lower to ensure that their shares trade well from the start.
Video resource: watch this!