Twitter confirmed that it has filed an S-1 with the SECOND and is therefore on the road to going public. This is an important moment for Twitter, and for tech, as it shows that the IPO window is open. Here’s Twitter on its filing:

@twitter
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.

Count to 10 and let’s hope the damn thing leaks right away. We don’t know much, but expect Twitter to go public at a valuation of roughly between $15 billion, $20 billion, roughly. Its last private money came in at around a $10 billion valuation, and those investors will want a return on their funds.

Goldman Sachs is said to be the lead underwriter of the offering.
Facebook’s IPO, for comparison, valued the social giant
at around $100 billion on the day of its flotation. The
irony here is that Facebook founder and CEO Mark
Zuckerberg yesterday at Disrupt told the world that it
should not be afraid of going public. Twitter did not
decide to go public on the back of Zuck’s axiom, but it is
nicely pat that it announced this news the day after his
comments.

Facebook’s public offering was marred with trading
errors and a slipping stock price, and the company lost
tens of billions of value before it recovered. Facebook
is currently trading at fresh highs, helping to set the
stage for Twitter: Whatever the Facebook IPO hangover
was, it is no more.





https://twitter.com/twitter/status/378261932148416512





http://infolodge.net/blog/blog/2013/09/13/twitter-going-public/