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	Podcast:		The MediaShift Podcast
	Episode:		Mediatwits #101: Twitter Goes to Wall Street; Omidyar and Greenwald's New Project
	Category:		Technology
	Duration:		00:30:20
	Publish Date:		2013-11-08 13:51:07
	Description:		Though Twitter has never turned a profit in its seven years of existence, its public debut on Thursday valued the company at a whopping $31 billion dollars. Twitter's inaugural day on the New York Stock Exchange was met with much fanfare after a week of raising its share price, reflecting high demand for the social media's stock. Though the trading price was set at $26 per share Wednesday night, the shares began trading for $45.10 -- 73 percent higher than its initial asking price. But will the high last? We're joined by media strategist Sarah Evans and Reuters' Felix Salmon to discuss the initial public offering. In addition, we'll talk about eBay founder Pierre Omidyar's new brainchild: a digital media outlet that has already attracted the talent of the Guardian's Glenn Greenwald and Dan Froomkin, formerly of the Washington Post, among others. We'll chat about the typical challenges and decisions that a digital media outlet faces as it emerges. We're also joined by regular guests Monica Guzman of the Seattle Times and Geekwire, American University's Andrew Lih, and our host, MediaShift's Mark Glaser.
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