Twitter Will Officially Go Public

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Sam Biddle

09/12/13 04:08PM

Filed to: twitter

In the not too distant future you'll be able to buy a share of TWTR—the company has confidentially filed for a secret IPO in the hopes of dodging the Facebook's IPO expectation disaster. Start getting your pension ready, bubble fans!

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
— Twitter (@twitter) September 12, 2013

Good luck avoiding the hype train. Could this have something to do with Twitter's recent favor for JP Morgan Chase?

In case you're wondering what a "secret IPO" is, because really, what the hell is a secret IPO, QZ has a terrific explanation here—but basically, this is Twitter's way of putting off revealing its financial cards for as long as legally possible. Still, to be eligible for a secret IPO, Twitter has to have under $1 billion in annual revenue—compared to Facebook's nearly $2 billion.

Update: The Wall Street Journal hears Goldman will underwrite the IPO.

Photo: Hulton Archive