Presentation outline: why twitter went public
Specific Purpose: To inform my audience why twitter decided to go public
Central Idea: Twitter started its IPO process for three rational reasons: board of directors, acquisition purpose and investors’ confidence
Introduction:
Twitter, created in 2006, has turned into a new form of communication used by presidents, corporate chieftains and smartphone-wielding kids alike. Recently, the company has announced that it had filed early paperwork with regulators to conduct an initial public offering of stock, which will probably occur late this year or early next year. The initial offering price of Twitter’s stock has not been announced. Twitter declined to comment on the matter, citing the confidential nature of its I.P.O. filings at this stage in the process. Today, I will discuss the three main reasons why Twitter finally went public. First, its board of directors required Twitter to go public. Second, for acquisition purpose, going public is necessary for Twitter. 3. Investors are convinced that Twitter will continually generate increasing revenue in the future.
Transition to Main Point: First, let’s take a look at why board of directors urged to facilitate Twitter’s IPO.
There are two reasons why board of directors voted for a IPO.
The first reason is the large potential profit for Twitter’s management level personnel. (Renee Williams, 2013, para 1 & 2)
Dick Costolo, the current CEO of Twitter, will see its initial investment of $25,000 worth more than $10 million.
Evan Williams, co-founder of Twitter and the company’s largest shareholder, will almost certainly become a billionaire.
The venture investor Chris Sacca will also most likely end up with stakes exceeding $1 billion.
The second reason is to raise cash and capital. (Gerard Hoberg, 2013, para6)
Raise cash for its expansion.
Raise capital for its business usage.
Transition: Now that we have seen how board of directors affected Twitter’s IPO decision, let’s have a look at why acquisition
Central Idea: Twitter started its IPO process for three rational reasons: board of directors, acquisition purpose and investors’ confidence
Introduction:
Twitter, created in 2006, has turned into a new form of communication used by presidents, corporate chieftains and smartphone-wielding kids alike. Recently, the company has announced that it had filed early paperwork with regulators to conduct an initial public offering of stock, which will probably occur late this year or early next year. The initial offering price of Twitter’s stock has not been announced. Twitter declined to comment on the matter, citing the confidential nature of its I.P.O. filings at this stage in the process. Today, I will discuss the three main reasons why Twitter finally went public. First, its board of directors required Twitter to go public. Second, for acquisition purpose, going public is necessary for Twitter. 3. Investors are convinced that Twitter will continually generate increasing revenue in the future.
Transition to Main Point: First, let’s take a look at why board of directors urged to facilitate Twitter’s IPO.
There are two reasons why board of directors voted for a IPO.
The first reason is the large potential profit for Twitter’s management level personnel. (Renee Williams, 2013, para 1 & 2)
Dick Costolo, the current CEO of Twitter, will see its initial investment of $25,000 worth more than $10 million.
Evan Williams, co-founder of Twitter and the company’s largest shareholder, will almost certainly become a billionaire.
The venture investor Chris Sacca will also most likely end up with stakes exceeding $1 billion.
The second reason is to raise cash and capital. (Gerard Hoberg, 2013, para6)
Raise cash for its expansion.
Raise capital for its business usage.
Transition: Now that we have seen how board of directors affected Twitter’s IPO decision, let’s have a look at why acquisition