The Twitter IPO was for $2.09 billion, 80.5 million shares; however, the book mentioned $8.2...
90.2K
Verified Solution
Question
Accounting
The Twitter IPO was for $2.09 billion, 80.5 million shares; however, the book mentioned $8.2 billion and 194 million shares were traded shortly thereafter. (1) How could this have happened, given that Twitter issued only 80.5 million shares, and (2) provide your insight about what the author meant regarding the benefits to society.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.