Twitter has decided to go public; private investors estimates: over 10bn dollars

Sunday, September 15th 2013 - 18:01 UTC

Full article 3 comments

Twitter has decided to go public. The company aptly announced on its short messaging service Friday afternoon that it has filed documents for an initial public offering of stock. San Francisco based Twitter Inc. posted on its official Twitter account that it has “confidentially submitted an S-1 to the SEC for a planned IPO.” Read full article

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Gonzo22
A success, like when Facebook went public heehee
Sep 16th, 2013 - 09:06 am - Link - Report abuse 0
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Casper
“...Literally the first draft of history”. That is a scary opinion.
Sep 16th, 2013 - 10:17 am - Link - Report abuse 0
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ChrisR
@ 2 Casper

You must be easily scared if you think that!

This will go the way of all the other fancies that the public get involved with.

Who will profit from the IPO:

1) The bank as long as the offer is fully subscribed will make big money. If not fully subscribed they will end up with the stock until it climbs to the point where it is viable to make a profit;

2) Dorsey and Costolo (shades of Abbott and Costello) and anyone who has been given shares for services rendered. D&C will be billionaires.

And that’s it. The share price will drop within a few hours of the offer going public and there will be the usual bleating from the amateurs who, predictably will probably say “but nobody warned me!”
Sep 16th, 2013 - 05:29 pm - Link - Report abuse 0
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