It took less than 140 characters for Twitter to announce that they were taking the next step towards becoming a publicly traded company on Thursday!
That’s right boys and girls! You might soon be able to BUY a piece of the little blue bird!
The social media mega site announced in a tweet (of course) that they had filed for an initial public offering of stock, though the details of the deal will remain secret, for now. At exactly 2pmPST, they released this message:
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
It was a little over a year ago that Facebook went public with their own IPO, becoming the largest public offering in internet history! Their stock has had some major ups and downs since!
So, Perezcious readers — does Twitter sound like a wise investment for you to make?
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