In the past 24 hours, three companies had IPOs:<p>Brixmor Property Group ($BRX) sold 41.25m shares at $20.<p>Criteo ($CRTO) sold 8.1m shares at $31.<p>Surgical Care Affiliates ($SCAI) sold 9.8m shares at $24.<p>These three companies, in aggregate, likely received less than .5% of the media coverage that Twitter has received. I do not believe that means they will be .5% as successful.
Bankers do their best to make sure average people can't participate in IPOs, it's not surprising that average people aren't too interested in news stories about them. Once Goldman and company give out shares to their friends and the rest of us can buy them, TWTR will be interesting.
So they wrote an article about it generate more eyeballs?<p>No one cares about setting the offer price, because no one is getting IPO shares. Plus following the "disaster" Facebook IPO, the only question is whether Twitter takes the bad press for a disaster or sells themselves short. Until it is public, there isn't much to discuss.
Why would any "normal" person care at all about IPOs. Consider the sort of questionable activity already swirling around the offering:<p><a href="http://dealbook.nytimes.com/2013/10/30/two-financial-advisers-accuse-twitter-of-secondary-market-fraud/?_r=0" rel="nofollow">http://dealbook.nytimes.com/2013/10/30/two-financial-adviser...</a><p>IPOs are just another part of modern life that has been captured by rentiers.
Right. There's a difference between 'not interested in the twitter IPO' and 'not interested in twitter'.<p>During the Colorado floods, twitter was my go to source for news, and I think it is fantastic for that purpose. There are at least a few other use cases.
i think this is an interesting sign that we may actually not be in a massive tech bubble. twitter is one of the biggest brands in technology.<p>IPOs don't need massive retail interest to succeed. if institutions demand >14x the shares that are on offer, the IPO will do well.
I suspect many people just aren't interested in buying at the stated price -- better to see if there's a drop after launch and buy then, given the recent history of tech IPOs.