Tech content trusted by users in North America and around the world
6,481 Reviews & Articles | 43,343 News Posts
TRENDING NOW: Microsoft says adoption rate of DirectX 12 is the fastest since DX9

Twitter is going public, files for IPO

Twitter has submitted an S-1 to the SEC, is hoping to go public

| Business, Financial & Legal News | Posted: Sep 13, 2013 3:29 am

This day was always coming for Twitter, but for me at least, it kind of struck me by surprise. The social network has said that as of Thursday afternoon, it has confidentially submitted an S-1 to the SEC for a planned IPO.

 

twitter_is_going_public_files_for_ipo_01

 

At the moment, Twitter is valued at around $11 billion, and is able to file confidentially thanks to the JOBS (Jumpstart Our Business Startups) Act. The JOBS Act allows companies to go public without public scrutiny, and is for companies that have has than $1 billion in revenues.

NEWS SOURCES:Mashable.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Subscribe to our Newsletter
Or Scroll Down