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Twitter Inc.

Private Company Ticker Symbol™: (TWITINP)

Business Summary

Twitter Inc. is a privately-held, venture capital-backed social networking company positioned on a micro-blogging platform. Twitter users post (known as "Tweets"), providing commentary, embedded media, or both. Tweets, which are limited to 140-characters, can be regularly received by users in an RSS-like feed if the user chooses to "follow" the publishing user. Twitter serves as many public figures' and brands' main public relations channel, allowing access to engaged users who may follow the company or person's tweets.

Twitter was founded in 2006 by Jack Dorsey, Biz Stone, Noah Glass, and Evan "Ev" Williams, and its headquarters are located in San Francisco, California.

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Recent News, Updates, and Analysis

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2006
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:San Francisco
State/Province:California
Country:United States
Phone:View
Website:www.twitter.com
Twitter:http://www.twitter.com/TWITTER
LinkedIn:http://www.linkedin.com/company/twitter
Facebook:http://www.facebook.com/apps/application.php?id=2231777543

Corporate Organization

Brands:
Tweet
Founders:
Evan Williams
Jack Dorsey
Biz Stone

Industry Information

Industry Codes

PICS™:900319
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > Internet Services > Social Media

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are Twitter Inc. financials and other business metrics displayed in table format.
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Income Statement2012201120102009
RevenuesViewViewViewView
Cost of Goods Sold (Cost of Sales) ViewViewView
Research & Development Expense View  
Total Operating Expenses ViewViewView
Operating Income (Loss) ViewViewView
Net Income (Loss) ViewViewView
Sales & Marketing Cost View  
General & Administrative Costs View  
Interest & Other Expenses (Loss) ViewViewView
Balance Sheet2012201120102009
Total Assets ViewViewView
Total Liabilities ViewViewView
Employee Figures2012201120102009
Total EmployeesView1ViewViewView
Productivity (Revenue/Employee)ViewViewViewView
Secondary Market Trading Activity2012201120102009
Company ValuationViewViewViewView
Industry Metrics12/18/201207/31/201203/21/201201/01/201210/01/201109/01/201109/01/201007/01/201004/01/201004/01/200903/01/2008
Registered Users View   ViewView ViewViewView
Active UsersViewViewView  View     
Daily Tweets  ViewViewView  View   
Notes
Financial Notes:
*Twitter Inc. fiscal year end: 12/31
1As... read more.
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Charts, Financials, and Statistics (Graphs)

Below are Twitter Inc. financials and other business metrics displayed in table format.
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Twitter Inc. Revenues ($ MM):
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Twitter Inc. Cost of Goods Sold (Cost of Sales) ($ MM):
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Twitter Inc. Total Operating Expenses ($ MM):
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Twitter Inc. Operating Income (Loss) ($ MM):
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Twitter Inc. Net Income (Loss) ($ MM):
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Twitter Inc. Interest & Other Expenses (Loss) ($ MM):
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Twitter Inc. Total Assets ($ MM):
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Twitter Inc. Total Liabilities ($ MM):
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Twitter Inc. Total Employees:
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Twitter Inc. Productivity (Revenue/Employee) ($):
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Twitter Inc. Company Valuation (Millions):
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Twitter Inc. Registered Users (Millions):
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Twitter Inc. Active Users (Millions):
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Twitter Inc. Daily Tweets (Millions):
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Mergers & Acquisitions

PrivCo's M&A Activity table for Twitter Inc. displays the mergers and acquisitions involving Twitter Inc., for example if Twitter Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsJul. 2008CompletedView1ViewAcquisition
Merger
View
DetailsNov. 2008CompletedView2ViewAcquisitionView
DetailsNov. 2008Bid SubmittedView3ViewAcquisitionView
DetailsDec. 2009CompletedView4ViewAcquisitionView
DetailsApr. 2010CompletedView5ViewAcquisitionView
DetailsApr. 2010CompletedView6ViewAcquisitionView
DetailsApr. 2010CompletedViewViewAcquisitionView
DetailsJun. 2010CompletedView7ViewAcquisition
Asset Sale
View
DetailsOct. 2010Bid SubmittedView8ViewAcquisitionView
DetailsDec. 2010CompletedView9ViewAcquisition
Other
View
DetailsFeb. 2011Exploring / RumoredViewViewMinority Stake PurchaseView
DetailsMay. 2011CompletedViewViewAcquisitionView
DetailsMay. 2011CompletedView10ViewAcquisitionView
DetailsJul. 2011CompletedView11ViewAcquisitionView
DetailsAug. 2011CompletedView12ViewDirect Share Purchase
Minority Stake Purchase
View
DetailsAug. 2011CompletedView13ViewAcquisitionView
DetailsSep. 2011CompletedViewViewAcquisitionView
DetailsNov. 2011CompletedViewViewAcquisitionView
DetailsDec. 2011CompletedView14ViewAcquisition
Minority Stake Purchase
View
DetailsJan. 2012CompletedView15ViewAcq-Hire
Acquisition
View
DetailsJan. 2012CompletedViewViewAcquisitionView
DetailsMar. 2012CompletedView16ViewAcq-Hire
Acquisition
View
DetailsApr. 2012CompletedViewViewAcq-Hire
Acquisition
View
DetailsApr. 2012CompletedView17ViewAcq-Hire
Acquisition
View
DetailsMay. 2012In TalksView18ViewAcquisitionView
DetailsMay. 2012CompletedView19ViewAcquisition
Direct Share Purchase
Minority Stake Purchase
View
DetailsJun. 2012AnnouncedViewViewAcquisitionView
DetailsJun. 2012CompletedViewViewAcq-Hire
Intellectual Property Sale (IP)
View
DetailsJul. 2012Exploring / RumoredViewViewAcquisitionView
DetailsAug. 2012CompletedView20ViewAcq-Hire
Acquisition
Intellectual Property Sale (IP)
View
DetailsOct. 2012CompletedViewViewAcq-Hire
Acquisition
View
DetailsOct. 2012CompletedViewViewAcq-Hire
Acquisition
View
DetailsJan. 2013CompletedView21ViewMinority Stake PurchaseView
DetailsJan. 2013CompletedViewViewAcquisition
Merger
View
DetailsFeb. 2013CompletedViewViewAcquisitionView
DetailsMar. 2013CompletedViewViewAcquisitionView
DetailsApr. 2013CompletedView22ViewJoint Venture / Partnership FormedView
DetailsApr. 2013In TalksView23ViewJoint Venture / Partnership FormedView
DetailsMay. 2013CompletedViewViewAcq-Hire
Acquisition
View
DetailsMay. 2013CompletedViewViewAcquisitionView
Notes
1Transaction terms were undisclosed, but...Read More →
2Twitter acquired Values of n,...Read More →
3Facebook reportedly offered an estimated...Read More →
4Twitter filed a Form D...Read More →
5Twitter acquired the iPhone application...Read More →
6Cloudhopper's Joe Lauer and...Read More →
7Twitter acquired a start up...Read More →
8Facebook's $2 Billion bid to...Read More →
9Twitter did not acquire any...Read More →
10Under this deal, 2 AdGrok...Read More →
11Twitter acquired BackType, a socialanalytics...Read More →
12DST acquired primarily common stock...Read More →
13Under this deal,...Read More →
14Alwaleed and his investment company,...Read More →
15Twitter, Inc. acquired Context...Read More →
16Posterous's blogging service will be...Read More →
173 of...Read More →
18Talks regarding the acquisition commenced...Read More →
19Acquired 100,000 common...Read More →
20Through the acquisition,Twitter gains the...Read More →
21BlackRock acquired $80 million in...Read More →
22This aims to appeal to...Read More →
23The partnerships would let Twitter...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Twitter Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Twitter Inc..
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DateInvestorRoundInvestor Type
May. 2008ViewAVenture Capital
DetailsTotal Round A View
Jun. 2008ViewBVenture Capital
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBAngel / Individual
Jun. 2008ViewBVenture Capital
DetailsTotal Round B3 View
Jun. 2008ViewDebt Funding
DetailsTotal Round Debt Funding View
Aug. 2008ViewCVenture Capital
Aug. 2008ViewCVenture Capital
Aug. 2008ViewCAngel / Individual
Aug. 2008ViewCBusiness Incubator / SBDC
Aug. 2008ViewCAngel / Individual
Aug. 2008ViewCVenture Capital
DetailsTotal Round C View
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDVenture Capital
Feb. 2009ViewDAngel / Individual
Feb. 2009ViewDBusiness Incubator / SBDC
DetailsTotal Round D View
Mar. 2009ViewDebt Funding
DetailsTotal Round Debt Funding View
Sep. 2009ViewEVenture Capital
Sep. 2009ViewEVenture Capital
Sep. 2009ViewEVenture Capital
Sep. 2009ViewE
Sep. 2009ViewECorporate
Sep. 2009ViewEVenture Capital
DetailsTotal Round E8 View
Jan. 2010ViewDebt Funding
DetailsTotal Round Debt Funding View
Dec. 2010ViewFVenture Capital
Dec. 2010ViewFVenture Capital
Dec. 2010ViewFPrivate Equity & Venture Capital
DetailsTotal Round F View
Jul. 2011ViewGVenture Capital
Jul. 2011ViewGPrivate Equity & Venture Capital
DetailsTotal Round G9 View
Total of Funding Shown Above View
Notes
1Union Square paid $0.02...Read More →
2Issued $415,452 promissory note...Read More →
3Investors paid $2.00 per share...Read More →
4$2.0598 per...Read More →
5$4.311 price...Read More →
6Warrant...Read More →
7Twitter's blog post regarding the...Read More →
8Mixed issuance of...Read More →
9Twitter series G funding round....Read More →
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Detailed Business Description: Twitter Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Twitter Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Twitter Corporate Overview

Business Description:

Twitter Inc. is a privately-held, venture capital-backed social networking company positioned on a micro-blogging platform. Twitter provides a platform for users to share short messages, known as "Tweets", that can be accessed through Twitter's website or by the blogging network's smartphone application. Users receive a live stream of Tweets on their account from the other users they choose to "follow".

Despite Twitter's constant stream of activity, a small portion of site's users create the majority of Twitter's content. After the United States, the most commonly represented countries on Twitter are the UK, Canada, Australia, and Brazil.

Revenue Model:

Twitter's service is provided free to the user and is technically ad-free. This is different from most social media companies, which use traditional Internet advertisements as a source of revenue.

Twitter generates revenue through two channels: data sales and promotional… Continue Reading →

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Supplemental Resources

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