Twitter Files For IPO

Would you buy shares in Twitter?

Well, pretty soon you’re going to have the opportunity, as the company has submitted a form to the Securities and Exchange Commission (SEC) for a planned Initial Public Offering (IPO).

And while, as Twitter says, this announcement “does not constitute an offer of any securities for sale”, at an undetermined point in the future – but likely fairly soon – that’s exactly what you’ll be able to do.

The news was announced an hour ago by Twitter on, where else, Twitter.

Companies that choose to file confidentially must meet specific criteria, one of which is annual revenue of less than $1 billion. Which, of course, is exactly where Twitter is circa 2013. Analysts had been expecting an IPO in Q1 of 2014, valuing the company as high as $15 billion, but recent secondary market transactions have suggested Twitter’s price is closer to $10 billion.

Time, as they say, will tell. Right now, we have no date for the IPO, but it’s definitely, positively going to happen.