November 08, 2013, 6:00 AM —
Image credit: ITworld/Phil Johnson
After much anticipation, Twitter finally had its IPO on Thursday and it sure did not disappoint, closing the first day of trading at almost $45 per share, well above the initial IPO price of $26/share. Many of Twitter’s founders and executives, like CEO Dick Costolo, are now worth, on paper at least, a whole lot of money. Matter of fact, the IPO went so well that even the Fail Whale has decided to splurge on lap-band surgery.
If you were one of the lucky people who are now a whole lot richer thanks to the Twitter IPO - congrats! For the rest of you losers (which includes myself), enjoy the Veterans Day weekend!
Read more of Phil Johnson's #Tech blog and follow the latest IT news at ITworld. Follow Phil on Twitter at @itwphiljohnson. For the latest IT news, analysis and how-tos, follow ITworld on Twitter and Facebook.