On Thursday, Twitter announced that it has filed paperwork for an initial public offering. The platform, known for its short bursts of information in 140 characters, posted this tweet yesterday afternoon:
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
David Gelles, reporter for Takeaway partner The New York Times, explores Twitter’s path forward.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!