Twitter set for US$1bn share offer

Twitter is currently surrounding itself with heavyweight financial institutions in preparation for a share offer in the region of US$1 billion in the near future.

However as popular as social media is at the moment, in all it’s forms, it can make a highly volatile investment. Early investors who jumped aboard Facebook could have seen their capital lose almost 50% but again those that jumped aboard at the bottom end -  US$ 18, would have  seen the value more than double at current levels, despite the efforts of the US Government to self-destruct over the manner in which their massive sovereign debt should be handled. 

Twitter has a more solid feel to it and is showing good profits already, almost exclusively from advertising with the US 317 million profit in 2012 looking to be significantly exceeded in 2013. They currently have 218 million users.