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Omaha Steve

(99,758 posts)
Fri Oct 4, 2013, 11:22 PM Oct 2013

Twitter dishes tantalizing tidbits in IPO treatise

Source: Omaha World Herald

By MICHAEL LIEDTKE

SAN FRANCISCO (AP) - Twitter, a privately held company built on blurbs, has finally laid itself bare in documents that read more like a treatise than a tweet.

The roughly 800-page filing Twitter Inc. released late Thursday on its way to an eagerly anticipated IPO contains tantalizing tidbits about its growth and its attempts to make money from its influential short messaging service.

The suspense surrounding Twitter's IPO was heightened by the company's decision to take advantage of a law passed last year that allows companies with less than $1 billion in annual revenue to keep their IPO documents under seal until management is ready to make formal presentations to investors.

With Thursday's lifting of the veil, Twitter can start pitching investors during a so-called "road show" as early as Oct. 24. The San Francisco company's stock could begin trading under the ticker symbol "TWTR" before Thanksgiving.

FULL storyu at link.



Read more: http://apnews.excite.com/article/20131004/DA97IPEO1.html





Chart shows Twitter's growth; 2c x 4 inches; 96.3 mm x 101 mm;


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