Twitter announces it's going public, via Twitter
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Bird-backed babble network Twitter has filed for an IPO.
The blue avian-branded company announced on Thursday that it had submitted an S-1 form to the US Securities and Exchange Commission in, of course, a tweet.
"This Tweet does not constitute an offer of any securities for sale," the social network cautioned. At the time of writing the announcement had received over 4,000 retweets and 741 favorites.
Twitter was founded in 2006, and has some 200 million active users. Its rise has drawn interest from rival social companies, and has seen other ad-backed services like Facebook bring in "share" features similar to Twitter's retweet.
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 is used by people from many demographics for many different purposes, whether that be finding out information about natural disasters as they develop, to slavishly retweeting the bubble-headed missives from celebrities the world over. Or reading 140-character bursts of golden news nuggets about tech from avian publications, obviously. ®
