Twitter tweets it’ll go public
Twitter has decided to go public. The company aptly announced on its short messaging service Thursday afternoon that it has filed documents for an initial public offering of stock. The documents Twitter …
(My Take: I hope the Twitter IPO will go better than the Facebook IPO from last year. Waiting is a good thing when doing something like taking your company public. Twitter is a great organization that hasn’t really rustled any feathers.)
Facebook goes public today as it begins trading on Nasdaq. It will begin selling shares at $38. Will it continue to be cool or will it just be another billion dollar company that has sold its soul to the masses? Friends of mine feel that Facebook has some issues that bug them. I think that its the premiere social network in the world and its a necessary evil. My question is what do they plan to do with all the cash they will raise? Will this IPO help secure it for the future or will being a public company make it a takeover target if it faulters? We will all have to check the status of that down the road.
newsweek: According to a Dow Jones report, Facebook may be filing for its IPO on Wednesday at a valuation of $75 to $100 billion, and both Morgan Stanley and Goldman Sachs will make a social network full of money.
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