Twitter Tweets That It Is Filing For an Initial Public Offering of Stock

[Hissyspit]

Source: Associated Press

@AP: BREAKING: Twitter tweets that it is filing for an initial public offering of stock.

@BloombergNews: BREAKING: Goldman Sachs said to be lead underwriter in Twitter IPO

m.twitter.com/BloombergNews

Twitter files for its IPO

By Josh Ong, 11 minutes ago

Twitter has announced that it has filed for its IPO.

Twitter ✔ @twitter

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
5:00 PM - 12 Sep 2013

Since Twitter was able to submit confidentially, it had annual revenue of less than $1 billion in its most recent fiscal year. The JOBS Act allows for “emerging growth” companies with less than $1 billion in annual gross revenue to file in secret.

Twitter has been steadily preparing for a public offering with key hires and acquisitions. In May, it hired Morgan Stanley veteran Cynthia Gaylor to head up corporate development. Last December, the company brought on Mike Gupta as CFO and shuffled Ali Rowghani to COO. Recent acquisitions include the world’s largest mobile ad exchange MoPub and social data company Trendrr.

Read more: http://thenextweb.com/twitter/2013/09/12/twitter-files-for-its-ipo

[Make7]

1. I missed my chance to make a fortune with the FaceBook IPO - I won't miss this chance! ( n/t )

[Cooley Hurd]

2. Everyone missed that chance since...

...Zuckerberg was the only one who made money of the IPO.

[Lenomsky]

5. Monetized Madness ..

Millions of people come to Facebook every day to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about. Developers can use the Facebook Platform to build applications (apps) and websites that integrate with Facebook to reach our global network of users and to build products that are more personalized and social. Marketers can engage with more than one billion monthly active users on Facebook or subsets of our users based on information people have chosen to share with us such as their age, location, gender, or interests. We offer marketers a unique combination of reach, relevance, social context, and engagement to enhance the value of their ads. We believe that we are at the forefront of enabling faster, easier, and richer communication between people and that Facebook has become an integral part of many of our users' daily lives ..

http://www.nasdaq.com/symbol/fb

I use no social media as I found it 99.999999% of the time a retarded waste of my time.

[Blue Idaho]

3. There goes the neighborhood...

Nothing like monetizing social media to turn it into a system for delivering corporate propaganda to its "users."

[Ian David]

4. This will ruin Twitter forever. n/t