The bird is finally leaving the nest.
Twitter announced late Thursday that it has filed a confidential S-1 form with the Securities and Exchange Commission for its IPO, capping off years of rumors about whether Twitter would ever go public.
“The only reason they are doing it this way is to probably manage expectations,” Santosh Rao, an analyst with Greencrest Capital, told Mashable, referring to the tremendous amount of hype surrounding the Facebook IPO. “They don’t want too much press.”
The company’s decision to publicly announce the IPO lays to rest questions about its intentions to go public, but its decision to file a stealth S-1 effectively raises many more, chief among them: how much revenue does Twitter generate, what will Twitter price its shares at and how much is the company actually worth. Read more…
More about Twitter, Stocks, and Business
Read more : How Much Is Twitter Worth?
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.