He who knows when he can fight and when he cannot, will be victorious.
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Twitter Says It Filed Confidential IPO Registration With U.S.
Twitter Inc. said it filed for an initial public offering with the U.S. Securities and Exchange Commission, in what would be the most highly anticipated IPO since Facebook Inc. Goldman Sachs Group Inc. will be the lead underwriter for the IPO, according to a person familiar with the matter who asked not to be identified because the information isn’t public. Twitter didn’t say when it may complete the IPO, or how much it plans to seek. The microblogging service was valued last month at about $10.5 billion by GSV Capital Corp. (GSVC), one of its investors, up 5 percent from a May estimate. Facebook, which raised ... (full story)