14 DAY TRIAL // Not that anyone actually asked Zuckerberg for advice, but he says Twitter should go public and that they shouldn’t be afraid to do it.
Facebook’s IPO was one of the most anticipated of the past years, but it proved to be a complete flop with stock dropping almost immediately as investors figured, but the company didn’t have any real plans about introducing advertising on its mobile platform.
“I’m the person you want to ask last on how to make a smooth IPO,” Zuckerberg admitted on the stage of the TechCrunch Disrupt conference.
And he really couldn’t be more on point about the entire situation since its failed IPO basically scared off any other tech company from going public.
Now, the topic of Twitter’s IPO comes up more and more often, despite repeated denials from the company.
“I was too afraid of going public, I don’t think it’s that necessary [to stay private for a long time]. Sometimes it might take the market a little while to catch up. As long as Twitter — this goes for all these private companies — as long as they focus on what they’re doing, going public is wonderful,” Facebook’s CEO says.
The advice seems to come from a good place, and with the building anticipation there are plenty of chances the Twitter stock won’t flop like Facebook’s did.
And, unlike with Facebook, investors have little reasons to doubt the company’s success. Over the past few years, Twitter has gone to great lengths to monetize their business and sell as much ad space as possible, while also keeping from actually flooding the platform with such content.
Furthermore, its recent acquisition of MoPub indicates it only plans to continue making money with the data they have stored on each and every user of the network.