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1.16B in funding, any ideas on profits and how much they ask to get via IPO?

http://www.crunchbase.com/company/twitter



Revenue must be <$1b/year to qualify for the filing technique they used. No indication of profit, but if you know the cap on their revenue and estimate their costs based on the number of employees and what has been disclosed about their datacenters...


Per the updated article, we at least know revenues are sub $1B, as this is a requirement for being allowed to file confidentially


profit? What relevance has profit to tech companies?!


the prospect of future profit allows them to get funding..




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