So in light of this, it’s probably a good idea for Twitter to wait a long while for its own offering, right? Well, maybe not.
According to an interview on Yahoo! Finance, IronFire Capital’s Eric Jackson thinks a 2013 deal is a possibility. He points to some key facts: Twitter has been revamping its senior management and continues to grow like a weed, with revenues expected to go from $350 million this year to $1 billion by 2013. It looks like the company has figured out how to monetize mobile.
But something else makes a deal likely: lack of competing offerings. So far, it appears that 2013 may see only a handful of marquee Internet deals, like Airbnb. In other words, Twitter will have little problem rising above the noise.
Oh, and there will certainly be many investors around the globe who’ll want to get some shares, especially if the valuation is reasonable and the growth ramp continues apace.