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Twitter prepares to go public

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We read the official news, and it is that Twitter has announced in its same tweet feed that it is preparing to launch its initial public offering (IPO) and release the financial details of the company shortly.

The files that will soon be available to the public will give us a good idea of ​​what the current economic situation of the well-known company is, since these documents will reveal previous and current financial data, sales, benefits and ultimately everything a buyer may need to know. before investing in it. The tweet we read in Business Insider states that We have confidentially submitted an S-1 to the SEC for an Initial Public Offering (IPO). This tweet does not imply any offer to sell shares.

They are undoubtedly prepared to take this step, since Twitter has become a great business that invoices some 500 million in sales per year and that this same year has reached a million million in investor financing.

When Facebook started selling shares on the stock market, it encountered several problems, the value of the stock fell quite a bit during the first months (so much so that only now has it been able to recover and be able to confirm that the value of the stock is higher than it had initially). Be very interesting to see what happens with Twitter, although it may take a long time, so far only the first step has been made.