Want to get in a big IPO? Or at least try to? Twitter apparently is going to go public and Tweeted the news to the world:
Let me translate this Tweet for you. Twitter is taking advantage of a provision under the 2012 JOBS Act that lets companies with under $1 billion in annual revenue file its initial documents with the Securities and Exchange Commission confidentially via an S-1 filing. This helps Twitter to avoid the sort of circus that Facebook faced when they did their IPO. Expect more details to be available in a month or so.
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This entry was posted on September 12, 2013 at 8:17 pm and is filed under Commentary with tags Twitter. You can follow any responses to this entry through the RSS 2.0 feed.
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Twitter Tweets That It’s Going Public
Want to get in a big IPO? Or at least try to? Twitter apparently is going to go public and Tweeted the news to the world:
Let me translate this Tweet for you. Twitter is taking advantage of a provision under the 2012 JOBS Act that lets companies with under $1 billion in annual revenue file its initial documents with the Securities and Exchange Commission confidentially via an S-1 filing. This helps Twitter to avoid the sort of circus that Facebook faced when they did their IPO. Expect more details to be available in a month or so.
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This entry was posted on September 12, 2013 at 8:17 pm and is filed under Commentary with tags Twitter. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.