Friday, October 4, 2013

Twitter IPO Survey Reveals 51 Percent Plan to Invest

Twitter IPO Survey of more than 750 respondents reveals that 51.7 percent of the people who answered plan to invest in the company's upcoming IPO. 

The recent micro survey by SlimSurveys revealed a few interesting insights around Twitter's upcoming IPO offering. Some of the results may not be that surprising.

Of the 51.7% of the people who answered they planned to invest in the Twitter IPO, 52% use Twitter on a daily basis. 

That isn't too surprising after reading the Twitter investor letter, a short seven sentences, the last being directed to users and advertisers of the service.
Twitter was born on March 21, 2006 with just 24 characters:
We started with a simple idea: share what you’re doing, 140 characters at a time. People took that idea and strengthened it by using @names to have public conversations, #hashtags to organize movements, and Retweets to spread news around the world.
Twitter represents a service shaped by the people, for the people.
The mission we serve as Twitter, Inc. is to give everyone the power to create and share ideas and information instantly without barriers. Our business and revenue will always follow that mission in ways that improve–and do not detract from–a free and global conversation.
Thank you for supporting us through your Tweets, your business, and now, your potential ownership of this service we continue to build with you.

Additionally, 54.2% of Twitter IPO survey respondents have never invested in an IPO offering before. It makes you wonder how many unsophisticated investors will run to this IPO like that of the Facebook IPO in 2012.

And speaking of the Facebook IPO, 28% of survey respondents think it is very likely that Twitter's IPO will have technical difficulties on day one of trading. That may be why Twitter is planning on an NYSE listing even though Nasdaq CEO Robert Greifeld was seen walking into Twitter HQ this morning to make a last minute plea.