Twitter ready to land in the documentation BorsaPresentata - Corriere della Sera

USA

Twitter ready to land on the Stock Exchange
Presented documentation

The company, which is worth 10 billion dollars, sent the request to the SEC, the U.S. stock market authorities. The announcement with a tweet

Into The company’s offices in San Francisco (Twitter)

Twitter Into the documentation submitted to Sec S-1 for the hypo, said a spokesman for the company itself. And the announcement could not get that with a tweet: “We have filed on a confidential basis,” the company wrote on its microblogging account. Companies with less than a billion in revenue a year can provide documentation hypo confidentially as part of the Jumpstart Our Business Startups launched by President Barack Obama in 2012. In this way the work of preparation remains private office 21 days prior to the offering and listing plan to be presented to investors. The documentation S-1 is used by companies to register securities with the SEC and contains the essential information and financial business of the issuer with respect to a specific offering of securities.

THE VALUE – The pace of the company that manages the site chirps most famous in the world, based in San Francisco, had long awaited. According to the estimate of analysts Twitter is worth 10 billion dollars. The company will close 2013 with revenues of 583 million dollars. According to rumors reported by Bloomberg, to cure the ‘ initial public offering will be mainly Goldman Sachs.

SUCCESS – In only seven years of life and with its 140 characters, Twitter has become imperative for governments, companies and celebrities who want to communicate with their audience, but also for individuals hunting for news. Among its users the social network includes several big, by Francis Pope to U.S. President Barack Obama. Twitter has more than 500 million registered users, of which more than 200 million monthly active users and 400 million tweets per day. The popular social service was born in March 2006, and since t hen its growth has never stopped. Among its major investors include Benchmark, Union Square Ventures, Spark Capital and Morgan Stanley. In January, Twitter was valued $ 9 billion when BlackRock bought titles by employees of the company, or a billion dollars more than the investment of Dts Global in 2011.

SOME NUMBERS – Here are some numbers: The first chirping is dated 21 March 2006 and was written by Jack Dorsey, the founder of Twitter. Since then over 170 billion tweets were sent, according to data from Dashburst. The most followed on Twitter is Justin Bieber, with 44,418,729 followers, followed by Katy Perry and Lady Gaga with 42,603,233 40,094,580. The average user has 208 Twitter followers and spends an average of 170 minutes per month on the site. Active users are more than 200 million, of which 80% access Twitter from their phone and about 20 million accounts are fake. Twitter launched in January 2013 Vine, which allows users to send vide o of 10 seconds.

Writing Online