In six short years Twitter has ascended from social media tool for the lowest common denominator – a system hand crafted for brevity, narcissism and abbreviations that chose Ashton Kutcher as its king; cut to now and Twitter is a $9.5 billion business – and soon you’ll be able to have a piece of that sweet bluebird pie.
Today the company revealed that it has followed suit from social networking gorgon, Facebook, and filed for an Initial Public Offering (IPO) and the chance for members of the public to invest in company stock is imminent. The news was announced “confidentially” via a Tweet to 23.6 million followers.
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.
— Twitter (@twitter) September 12, 2013