Twitter has started its IPO road show, in which it will make the case for why investors should buy in to Twitter at an $11.1 billion valuation.
The company set a price range for its IPO on Thursday, between $17 and $20, and is selling only a small number of shares at that price relative to some other IPOs. At such a discount, it’s a safe bet to avoid the fate of Facebook, which dealt with nearly a full year of discussion about its IPO being a “disaster.”
The company is expected to price its IPO around the week of Nov. 4. Here are a few of the important slides from the company’s road show presentation.
- Civil rights attorneys filed a lawsuit seeking a court order for footage of the fatal shooting of Jamar Clark in Minneapolis.
- Robocalls from John Kasich's campaign to voters on a do-not-call list sparked complaints to New Hampshire's attorney general 🇺🇸
- And Red Lobster got a sales boost after Beyoncé mentioned the chain in her latest song, "Formation." 👑🍤