Twitter finally files for IPO
"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."
Not exactly confidential.
Twitter's IPO has been in the works for several months, if news speculation is any indication. But the social network, which has more than 200 million monthly active users, has moved slowly, developing new advertising products, working with television partners, and hiring experts who understand the IPO process.
The next few months will be a whirlwind over at Twitter HQ. The company sent a follow-up tweet minutes after announcing its IPO:
Now, back to work. pic.twitter.com/e4lK8e7pY9— Twitter (@twitter) September 12, 2013