Make the case. When will Twitter turn a profit? How are they going to continue to raise investment capital? Where can they add revenue streams? I see Twitter as a going concern issue once they go public.
Where are their financials posted? i have a hard time believing they would have a going concern issue.
I haven't seen the financials, but it was reported yesterday that their costs were up and their revenues were down. They have never turned a profit. The can't cotinue to raise capital indefinitely without some type of payback to the investors.
Twitter IPO by the Numbers Twitter’s 3Q revenue rose to $168.8 million vs. $82.3 million a year ago. Facebook sold 16% of its shares in IPO to raise $16bln. Twitter is expected to sell 8% of its shares to raise $1bln Twitter had revenue of $316.9 million in 2012, nearly triple its $106.3 million in 2011 Twitter reported a net loss of $79.4 million in 2012 vs. $128.3 million in 2011. Twitter now has 230 million monthly active users. 500 million: The average number of tweets users send per day. $14,000: CEO Dick Costolo’s annual take-home pay. http://projects.marketwatch.com/twitter-ipo-by-the-numbers/?link=sfmw
I dunno. To me, the fact that there are over 5 billion phones in the world is enough to "safely assume" that Twitter/Facebook will grow.
I thought about making a new thread, but I guess this one is good enough. I will lay out what I am trying to do. 28, married, two kids, a thing they call a wife and I am the only income. I make good money and the only debt I own is a truck payment and a modest sized home. I worked really hard this past year to payoff the CC's and my wife's car so now I am looking to do something with this money other than spend it. Now I know the 1st step is to max my 401K. What I am unsure of and reading into is if it is worth it for me to start a second retirement account or just keep dumping money on my home payment/truck payment. I'm way positive on my truck so not too concerned about that and I pay currently pay 10% extra on each house note as it is. I have read different things and I guess both ways could work. Just wondering if anyone here had a similar situation and how they handled it.
@LSUpride123 What is the interest rate on your truck and on your house note? You should pay off the highest interest loan first and I seriously doubt your house is higher. Also worth considering is if you itemize, you can deduct the interest on your house so if you are paying a mortgage at 4%, it my in all reality be more like a 3% note. Another trick my dad told me when you want to buy a car is to get your notes paid off and then set aside in a savings account the cost of a truck/car note each month. That way when it's time to buy a truck/car again, you can pay cash. This does two things. It saves the interest, and it also makes you not go overboard on a car because you realize that it's a chunk of money. As for IRA versus debt paydown, it generally comes down to how expensive the debt is. Its best to pay down the cc's for sure, probably the truck too but probably not the house. Also, it's not bad, if you're disciplined, to invest money in other things outside of retirement accounts. That way you have a little more flexibility with it if an opportunity comes up or if you need cash for some reason.
