Twitter Seeking To Go Public

awarrenfells writes "While Dell Inc. is announcing its desire to go private, Twitter seems to be heading in the opposite direction with its recent tweet that it seeks to go public. From the article: 'Twitter has announced that it has filed for its IPO. Since Twitter was able to submit confidentially, this indicated that 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. Goldman Sachs is believed to be the lead underwriter for the deal, and Twitter will reportedly list on the NYSE.'"

Comments

would have been awesome had this happened --

[themushroom]

a year or two ago when the company was on the upswing, not shortly-to-be-passé.

Re:would have been awesome had this happened --

[Jonah Hex]

Twitter has reached ubiquity, especially in the entertainment industry. TV Shows now include Twitter names and hashtags quite regularly as watermark bugs as well as the longer Facebook link during the credits. It's quite telling they put them up as bugs during the actual show with the network's logo bug, and even introduce people with a graphic with their name and Twitter ID, as well as special hashtags during the show. Twitter has beaten Facebook where it counts, in the minds of those who provide entertainment to the rest of us. - HEX