Second largest social media networking site Twitter has filed the documents for a highly anticipated IPO. It’s expected to be one of the highest-profile IPO’s since Facebook went public in 2012.
The company made an announcement on Twitter:
The company did not reveal any further details of the IPO.
Twitter has been valued by various private investors at more than $10 billion and is expected to gain $583 million in revenue in 2013. Companies which choose to file confidentially must meet certain criteria such as annual revenue of less than $1 billion under the 2012 JOBS Act.