From Fast Company:
An analytic report from a firm used to sizing up businesses on their way to an IPO is suggesting that Twitter will float in 2014. Greencrest Capital, which has been vocal in its support of recent tech IPOs such as Facebook and Zynga (Editor’s note: ahem…), struck a note of caution, however.
“Using the secondary market for shares to mark enterprise value is a very difficult and opaque process, said Max Wolff of Greencrest. “It is a rumor rich and special share class soup. That said, Twitter is up since the Facebook IPO and is now valued northward of $11 billion. This makes sense as growth in users and new monetization efforts are both yielding fruit and pointing toward a good 2013 for Twitter.”
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