#MrMarket: Ten years ago the Twitter IPO. Simon Constable, WSJ
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 9 November 2023
⏱️ 10 minutes
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Summary
#MrMarket: Ten years ago the Twitter IPO. Simon Constable, WSJ
https://www.wsj.com/articles/SB10001424052702303309504579182403432312182
1922 Hollywood
Transcript
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| 0:00.0 | This episode is brought to you by Krakhan. |
| 0:03.0 | Krypto is like finance, but different. |
| 0:06.0 | It doesn't care when you invest, trade or save, do it on weekends, |
| 0:11.0 | or at 5 a.m. |
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| 0:22.8 | don't invest unless you're prepared to lose all the money you invest this is a high-risk |
| 0:26.3 | investment and you should not expect to be protected if something goes wrong This is a series of cb-s I on the world. I'm John Bachelor. Ten years ago, Wall Street Journal, financial flashback. I welcome the Ossetane Dweller, Simon Constable, |
| 0:46.4 | in the South of France in Paradise writing for the Wall Street Journal and |
| 0:49.3 | another distinguished publications. Simon, a very good evening to you. |
| 0:53.0 | Take us to 10 years ago today an IPO. |
| 0:55.4 | What IPO? |
| 0:56.2 | Good evening. |
| 0:57.9 | Good evening, John. |
| 0:58.6 | Thanks for having me on the show. |
| 1:00.5 | 10 years ago, company that we all know, |
| 1:03.4 | Twitter went public and it braked in 25 billion dollars of market cap |
| 1:10.1 | that day, which is really an incredible amount for what is a relatively small company. |
| 1:16.4 | It had only been in operation for six years, so it's like know someone in junior schools straight into the |
| 1:25.0 | market's really interesting it happened and then we fast forward 10 years or |
| 1:31.0 | nine years really and we get to Elon Musk taking it private and is it worth what he |
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