Ever since Twitter revealed last month that it had filed confidential paperwork to go public, the company has been compared to what is arguably its biggest competitor, Facebook. However, the S-1 form that the company filed Thursday shows that the two companies are in fact miles apart — for better or worse.
In comparison to Facebook’s numbers leading up to its IPO last year, Twitter has far fewer active users, far less ad revenue and far greater losses. On the other hand, Twitter is planning a much smaller IPO, which may insulate it against some of the sell off Facebook experienced, and it has at least one key asset that Facebook didn’t have at this point in the process: significant mobile ad revenue. Read more…
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Read more : How Twitter’s Business Compares to Facebook’s
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