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back to article Twitter IPO rumour-gasm latest: Sugar daddies told to not flog shares just yet

Twitter's bankers have already been making calls to early investors in the website's fast-approaching IPO, asking them to sign a 180-day lock-up agreement by this afternoon. An email from lead underwriter Goldman Sachs, seen by Reuters, has asked existing backers to sign and return the form, which will forbid them from selling …

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  1. Anonymous Coward
    Anonymous Coward

    Do you get a choice not to sign ? or are you forced too ?

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    2. Anonymous Coward
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      Anonymous Coward

      Well the trivial answer is that no one can force you to sign anything - the complicated answer is whether not signing affects the result and this would depend on the T's and C's that applied to the share allocation.

      In short. It depends ..

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  2. Pete 2 Silver badge

    Floating on the QE

    At present the USA is keeping share prices high by "printing" $1Tn a year for quantitative easing - buying up their own bonds and keeping market prices high.

    One assumes that Twitter want to dump as many shares as possible get their IPO done before this fount of artificially high prices dries up. So while they might be able to get $15Bn at current valuations, I don't need to take a bet (as all share dealing is, is a posh phrase for gambling) on whether or not it will stay high.

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    1. rcorrect
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      Re: Floating on the QE

      Analysts reckon the firm's IPO could value it at up to $15bn.

      How much you wanna bet it's the same analysts who valued Facebook at 100bn?

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      1. Anonymous Coward
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        Anonymous Coward

        Re: Floating on the QE

        Considering Facebook is currently valued at $122 billion (yeah I think that's kind of nutty, too) those analysts should probably be listened to.

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