Noah J Nelson on Thursday, Oct. 3rd
Twitter’s Initial Public Offering has been filed and now made public, as the whole Internet has reported today.
That’s not the most interesting thing. Direct your attention to the center ring (aka: the Verge):
Twitter actually filed for its IPO with the SEC all the way back in July, but didn’t reveal its plans until September. Twitter did this by taking advantage of a new “confidential” IPO process made possible by the passage of the JOBS Act.
And here I thought we were becoming a more transparent society.