Saturday, November 9, 2013

Twitter's IPO Listed the 6th Largest in the U.S.


As most of us have heard, Twitter had an outstanding first day as a public company. With its stock gaining 73% in that day, it is the sixth largest IPO listed in the U.S.

Stock buyers, seeing what has happened to facebook and other social media sites, wonder whether this will be a permanent gain or just temporary. My guess is permanent. “Twitter is different. It is a complement, not a replacement or disruptor, and it quickly learned to play nice with the big media companies,” Newsweek’s Tim Carmody said in accordance to Twitter being compared to facebook.

I agree with Carmody, twitter does not copy, it does not try to outrun other companies, it is just a simple and effective way for users to interact with each other. I think that because it has increased so vastly it has a very promising future in the world of social media.

Twitter does not only affect people using it for personal use, but it has changed journalism, business interaction, and advertising. Users can follow whoever they like; whether it be their friend from High School, their favorite clothing store, or their idol athlete. In almost every case, there's a Twitter for that.

I don't see twitter diminishing anytime soon because of its user-friendly atmosphere and the variety of people who use it; it's not subject to one specific group of people.

Twitter going public could quite possibly be one of the best things they've done. Now, they will be able to gain an even broader spectrum of users.

See the full article here:
http://www.niemanlab.org/2013/11/this-week-in-review-twitters-ipo-takes-off-and-tech-giants-nsa-backlash/

2 comments:

  1. I agree with you that twitter is unlike any other social media and that going public was a good idea that will make them more successful. I also agree that twitter will continue to be a popular social network in the future, although, I am a little concerned/interested to see what would happen if parents and older generations came onto twitter as they did Facebook. Would this affect the overall standings of twitter like it did with Facebook, or would it not change much?

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  2. I really wish I wasn't so broke so I could invest in Twitter. I think it has such great potential to continually develop over the years to ensure its future. There are so many different uses for Twitter which really sets it apart from Facebook. I believe in the years to come they will have a fully captivated market, and after that the possibilities are endless.

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