OPV Twitter: ¿Tendrá éxito?

Twiter no sé cómo saldrá la opv y si tendrá éxito,... pero,... TWEETER,... :-P

http://www.expansion.com/2013/10/04/mercados/1380909776.html

Los inversores confunden Twitter con Tweeter y sus acciones se disparan un 1.000%

La gran expectación que ha generado la salida a bolsa de Twitter quedó patente ayer cuando los inversores confundieron las acciones de la empresa Tweeter Home con las de la red social y su valor llegó a dispararse más de un 1.000%. Pocas salidas a bolsa han generado tanta expectación como Twitter, cuya OPV podría tener lugar antes de la celebración del 'Día de Acción de Gracias', el 28 de noviembre.

El interés por el estreno bursátil de la red social es tal que ha provocado una oleada de compras sobre las acciones de Tweeter Home, una cadena dedicada a vender productos electrónicos que se declaró en quiebra en 2007 y que ayer vivió su día más activo en bolas de los últimos seis años. Esta empresa cotiza en el over the counter, un mercado no regulado.

Tweeter Home nada tiene que ver con Twitter, pero las similitudes en el nombre de ambas compañías, sumado a que la red social dio ayer algunos datos sobre su salida a bolsa, han disparado las acciones de la primera un 1.000%. A esta hora sus títulos se revalorizan 684%, hasta los 0,05 dólares. A media sesión se habían negociado más de 11,7 millones de acciones de esta compañía, lo que supone su mayor volumen de negociación desde el 10 de mayo de 2007, cuando se intercambiaron 13,05 millones de títulos. Desde que se declaró en bancarrota, el atractivo en bola de Tweeter Home ha sido escaso, tanto, que hubo sesiones en los que tan solo se negociaron 1.000 títulos de la compañía. No obstante, en las últimas dos semanas el precio y el volumen de negociación de sus títulos se han reactivado.

El repentino interés de los inversores por esta empresa de productos electrónicos coincide con el anuncio que hizo Twitter el pasado 12 de septiembre, cuando la red social hizo público su intención de salir a cotizar en Wall Street.

Ya hay un poco más de información: Twitter, Inc. documento de la SEC -La horquilla será entre 17 y 20 dólares. -Os recomiendo que miréis las tablas con los resultados y la explicación de cómo consiguen ingresos. También es interesante los factores de riesgo:

RISK FACTORS

Investing in our common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this prospectus, including “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes, before making a decision to invest in our common stock. The risks and uncertainties described below may not be the only ones we face. If any of the risks actually occur, our business, financial condition, operating results and prospects could be materially and adversely affected. In that event, the market price of our common stock could decline, and you could lose part or all of your investment.

Risks Related to Our Business and Our Industry

If we fail to grow our user base, or if user engagement or ad engagement on our platform decline, our revenue, business and operating results may be harmed. The size of our user base and our users’ level of engagement are critical to our success. We had 218.3 million average MAUs in the three months ended June 30, 2013, which was a 44% increase from 151.4 million average MAUs in the three months ended June 30, 2012. Our financial performance has been and will continue to be significantly determined by our success in growing the number of users and increasing their overall level of engagement on our platform as well as the number of ad engagements. We anticipate that our user growth rate will slow over time as the size of our user base increases. For example, in general, a higher proportion of Internet users in the United States uses Twitter than Internet users in other countries and, in the future, we expect our user growth rate in certain international markets, such as Argentina, France, Japan, Russia, Saudi Arabia and South Africa, to continue to be higher than our user growth rate in the United States. To the extent our user growth rate slows, our success will become increasingly dependent on our ability to increase levels of user engagement and ad engagement on Twitter. We generate a substantial majority of our revenue based upon engagement by our users with the ads that we display. If people do not perceive our products and services to be useful, reliable and trustworthy, we may not be able to attract users or increase the frequency of their engagement with our platform and the ads that we display. A number of consumer-oriented websites that achieved early popularity have since seen their user bases or levels of engagement decline, in some cases precipitously. There is no guarantee that we will not experience a similar erosion of our user base or engagement levels. A number of factors could potentially negatively affect user growth and engagement If our users do not continue to contribute content or their contributions are not valuable to other users, we may experience a decline in the number of users accessing our products and services and user engagement, which could result in the loss of advertisers and revenue. Our success depends on our ability to provide users of our products and services with valuable content, which in turn depends on the content contributed by our users. We believe that one of our competitive advantages is the quality, quantity and real-time nature of the content on Twitter, and that access to unique or real-time content is one of the main reasons users visit Twitter. Our ability to expand into new international markets depends on the availability of relevant local content in those markets. We seek to foster a broad and engaged user community, and we encourage world leaders, government officials, celebrities, athletes, journalists, sports teams, media outlets and brands to use our products and services to express their views to broad audiences. We also encourage media outlets to use our products and services to distribute their content. If users, including influential users, do not continue to contribute content to Twitter, and we are unable to provide users with valuable and timely content, our user base and user engagement may decline. Additionally, if we are not able to address user concerns regarding the safety and security of our products and services or if we are unable to successfully prevent abusive or other hostile behavior on our platform, the size of our user base and user engagement may decline. We rely on the sale of advertising services for the substantial majority of our revenue. If we experience a decline in the number of users or a decline in user engagement, including as a result of the loss of world leaders, government officials, celebrities, athletes, journalists, sports teams, media outlets and brands who generate content on Twitter, advertisers may not view our products and services as attractive for their marketing expenditures, and may reduce their spending with us which would harm our business and operating results. We generate the substantial majority of our revenue from advertising. The loss of advertising revenue could harm our business. The substantial majority of our revenue is currently generated from third parties advertising on Twitter. We generated 85% and 87% of our revenue from advertising in 2012 and the six months ended June 30, 2013, respectively. We generate substantially all of our advertising revenue through the sale of our three Promoted Products: Promoted Tweets, Promoted Accounts and Promoted Trends. As is common in the industry, our advertisers do not have long-term advertising commitments with us. In addition, many of our advertisers purchase our advertising services through one of several large advertising agency holding companies. Advertising agencies and potential new advertisers may view our Promoted Products as experimental and unproven, and we may need to devote additional time and resources to educate them about our products and services. Advertisers also may choose to reach users through our free products and services, instead of our Promoted Products. Advertisers will not continue to do business with us, or they will reduce the prices they are willing to pay to advertise with us, if we do not deliver ads in an effective manner, or if they do not believe that their investment in advertising with us will generate a competitive return relative to alternatives, including online, mobile If we are unable to compete effectively for users and advertiser spend, our business and operating results could be harmed. Competition for users of our products and services is intense. Although we have developed a new global platform for public self-expression and conversation in real time, we face strong competition in our business. We compete against many companies to attract and engage users, including companies which have greater financial resources and substantially larger user bases, such as Facebook (including Instagram), Google, LinkedIn, Microsoft and Yahoo!, which offer a variety of Internet and mobile device-based products, services and content. For example, Facebook operates a social networking site with significantly more users than Twitter and has been introducing features similar to those of Twitter. In addition, Google may use its strong position in one or more markets to gain a competitive advantage over us in areas in which we operate, including by integrating competing features into products or services they control. As a result, our competitors may acquire and engage users at the expense of the growth or engagement of our user base, which would negatively affect our business. We also compete against smaller companies, such as Sina Weibo, LINE and Kakao, each of which is based in Asia.

En EEUU, entiendo que lo tendrán que publicar en la SEC. En España, en la CNMV.

Un saludo,

hola hay alguna forma de acudir a la opv antes de que salga al mercado

o lo unico que podemos hacer es intentar comprar el primer dia???

Estará muy complicado porque las colocadoras serán, lógicamente, entidades estadounidenses, y la demanda sobrepasará la oferta.

Yo me iría olvidando de poder acudir a la OPV.

una pena creo que la sacan a buen precio, se hubiera hecho un raido y jugoso mete saca

En España hay poca información. He buscado en USA y esto es lo que he encontrado:

Investors interested in getting a piece of Twitter will need to check with their brokerages over the coming months to see how many shares, if any, will be available to them. Most large online brokerages, including TD Ameritrade, Fidelity and Charles Schwab, have deals with underwriters that allow them to get allocations to certain IPOs.

Un saludo,

Veo mucho interés en la red.

Así que me pondré corto. Espero un facebook 2.0