Twitter is a private company.
Around November 2013
Equity Syndication is a group of investors in a held together by a bookmaker that determines opening (IPO) price for an equity based upon closed bidding by a group of participating investors (the syndicate). The syndicate are allocated the shares they bid for and won and take a commensurate profit/loss if the price goes up or down during the IPO. Essentially a pre IPO price discovery process that determines the IPO price of the equity. It is a process for price discovery, hedge risk of the initial fixed price offering, and generate cash before an IPO. Twitter - @Dancest8r
Some IPO Related topics are:The IPO ProcessIntermediaries Involved in an IPOTypes of IPO IssuesCategories of Investors for an IPO
What's IPO
ipo
what is the full form of ipo
Aquasition Corp. (AQU) had its IPO in 2013.
IHS Inc. (IHS)had its IPO in 2005.
Google Inc. (GOOG) had its IPO in 2004.
How do you calculate the optimal size of an IPO?
Aramark (ARMK)had its IPO in 2013.
Intelsat S.A. (I)had its IPO in 2013.