Twitter has transformed the way we communicate with each other and how we see ourselves. Money News reported on Sept. 12, 2013, "Hot Tweet: Twitter Confirms Plans to Go Public." The firm has tweeted it has submitted a filing with the U.S. Securities and Exchange Commission ahead of a planned initial public offering.
Twitter has been valued by private investors at greater than $10 billion. According to advertising consultancy eMarketer the firm will post about $583 million in revenue in 2013. Twitter has captured the imaginations and hearts of many people worldwide and is likely to have an initial public offering as exciting as that of Facebook Inc, which went public last May.
The San Jose Mercury News has reported, "Twitter files for long-awaited IPO." The firm tweeted on Thursday, "We've confidentially submitted an S-1 to the SEC for a planned IPO." Jack Dorsey founded Twitter in 2006 and it is now estimated total users have surpassed 500 million. Twitter looks like it could be a really good investment.