The massive social network surprises the Interweb by announcing it's planning to go public. Almost instantaneously #IPO, #twitter, and #TwitterIPO hashtags have started trending. September 12, 2013 3:22 PM PDT Yes, there have been recent grumblings and hints that Twitter could be filing for an IPO, but the company has been adamant that it wasn't planning to go public anytime soon. So, it came as somewhat of a surprise when the massive social networking site tweeted on Thursday that it filed for an IPO. "We've confidentially submitted an S-1 to the SEC for a planned IPO," the company tweeted. "This Tweet does not constitute an offer of any securities for sale." Within moments of Twitter's tweet, the social network lit up with people adding in their two-cents on the announcement. Along with the usual "congrats" and "this the end" statements, people also questioned what Twitter meant by "confidentially," exclaimed they want a piece of the money pie, and mused on how Facebook's IPO wasn't too hot. As of this writing, Twitter's original tweet has been retweeted more than 8,000 times and favorited more than 1,500 times. Also the hashtags #IPO, #TwitterIPO, and #twitter have taken off. Here's a little sampling of some gems that have been tweeted in the last hour:
The massive social network surprises the Interweb by announcing it's planning to go public. Almost instantaneously #IPO, #twitter, and #TwitterIPO hashtags have started trending.
Yes, there have been recent grumblings and hints that Twitter could be filing for an IPO, but the company has been adamant that it wasn't planning to go public anytime soon. So, it came as somewhat of a surprise when the massive social networking site tweeted on Thursday that it filed for an IPO.
"We've confidentially submitted an S-1 to the SEC for a planned IPO," the company tweeted. "This Tweet does not constitute an offer of any securities for sale."
Within moments of Twitter's tweet, the social network lit up with people adding in their two-cents on the announcement. Along with the usual "congrats" and "this the end" statements, people also questioned what Twitter meant by "confidentially," exclaimed they want a piece of the money pie, and mused on how Facebook's IPO wasn't too hot.
As of this writing, Twitter's original tweet has been retweeted more than 8,000 times and favorited more than 1,500 times. Also the hashtags #IPO, #TwitterIPO, and #twitter have taken off.
Here's a little sampling of some gems that have been tweeted in the last hour:
