mobile news

Twitter Is Going Public, Files S-1 With SEC

Twitter has confirmed today that they are going public by filing an S-1 with the SEC. This move was made because many of the original investors want a return on their funds, the last private money came in valued over $10 billion. When Twitter goes public they are expected to be valued around $15-20 billion, which is no where near Facebook’s $100 billion valuation when they went public. We’ll soon begin to hear about the company’s revenues and profit figures.

Leave a Reply