Amid an avalanche of analysis set off by Twitter’s IPO, The New York Times’ Peter Eavis makes this all important point: The social giant’s valuation of about $18 billion shows that
the market sees huge growth potential for Twitter. “Investors are betting that Twitter is virtually destined to become wildly profitable as advertisers pay it increasing amounts of money to
reach consumers who use the service,” Eavis writes. “The company, according to analysts, could post revenue of $1.9 billion in 2015, three times what the company is expected to make this
year.”
Read the whole story at The New York Times »
